Senior Returning Residents

REAL ESTATE TAXES

The Taxation System in Israel – Emphasis on “Foreign Residents” and “Senior Returning Residents”

The Taxation System in Israel - Emphasis on "Foreign Residents" and "Senior Returning Residents"   The tax method in Israel is the “personal” method. Which means: A person who is considered a "resident of Israel" for tax purposes is required to report his income from all sources of income in Israel and abroad, once a year in his annual report to the Israel Income Tax Authority. A person...