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Tag: Israel wipes out income tax for new immigrants during first two years

Israel wipes out income tax for new immigrants during first two years

Israel wipes out income tax for new immigrants during first two years Israel has unveiled a significant new tax reform aimed at encouraging Aliyah and attracting skilled professionals from abroad. Beginning in 2026, new immigrants (Olim) and returning residents will benefit from a 0% income tax rate during their first two years in the country. […]