Articles

The tax authority is reporting an increase in the level of the purchase tax, according to the rate of increase in the index. In this case, in the case of a single dwelling, the minimum purchase tax threshold increased from NIS 1,696,750 to NIS 1,744,505, while in the case of another dwelling, if in 2019 an 8% tax on the value of up to NIS 5,194,225 was paid from the price of the apartment, then Tax is payable at this rate on the par value up to NIS 5,340,425. In light of the changes, unit-dwellers from January 16 this year will be charged with purchase tax according to the following steps:...

A winter week began tonight and Tuesday there is even a chance of snow in the mountains of the center and the northern Golan Heights - but the residents of Jerusalem will probably not be tempted by whites. The current rain system has so far mainly affected the south, and in Ashkelon they have dropped 26 mm by Saturday evening. The rains will spread and fall from the north to the northern Negev, accompanied by thunderstorms. Expected to be open tomorrow, tens of millimeters of rain have rained in the Central and Tel Aviv areas so far, no real damage has been reported, but they are expected...

Following the weather, the Finance Committee has decided that it will work to determine compensation for natural damage under the law. This is in the wake of the damage done to business owners and private individuals in the intense wave of rains that hit Israel. The Capital Market Authority said about 4,500 applications were submitted to the insurance companies. The company's estimate indicates weather damage totaling NIS 130 million. The Deputy Commissioner of Fire said: We warned in advance that the systems would collapse. We need NIS 30 million, and the political situation paralyzes us...

Data published by the Bank of Israel in the third quarter of the year negative balance (overdraft) decreased by NIS 700 million to NIS 11 billion - a decrease of 6%. The decrease in the share of overdraft from the total consumer credit. As of the end of September, bank overdrafts Only 5.5% of consumer credit was up, compared to over 7% at the end of October 2016, when the downward trend began. The Bank of Israel raises several options that can explain this trend. The report said, "There is an increase in credit options for households, so that the ability of consumers to borrow neatly - and...

Bezeq has released its sixth report on the state of the Internet in Israel for a summary of 2019. The report, which reviews the Israelis' use and behavior in the digital age, is based on in-depth research conducted by the Company on Internet usage patterns in Israel, its controlling trends and its various uses, as well as data from the Company's activities and systems. The survey included a national sample of 1400 respondents aged 13+ from all sectors, including the first sample of children aged 8 to 12. The survey and infrastructure data collected from Bezeq systems, together with market...

Israeli cleantech startup UBQ collaborates with German company Daimler, Mercedes' parent company, to pilot the eco-plastic substitute produced by UBQ as a raw material in automotive production. The UBQ venture from Kibbutz Ze'elim has developed an innovative and efficient recycling process that transforms household waste into new plastic-like material. In the production process, waste is reduced to its most basic natural components at an almost molecular level. These particles connect together to the new raw material. It is a decomposition of a diverse bulk containing all the components of...

Microsoft will establish it's fiirst Cloud Datacenter in Israel. The establishment of the new data center will enable Microsoft's cloud services through the Data Center in Israel. This investment extends Microsoft's global cloud infrastructure to 56 regions in 21 different countries. The Israeli region is expected to be available in 2021, first with the Azure cloud infrastructure and then with 365 Office. The new region in Israel will join over one billion customers and 20 million businesses worldwide. Microsoft is one of the first major cloud companies (Amazon, Google, IBM, Salesforce and...

The International Holocaust Forum held in Israel is an event in which more than 50 leaders from around the world came to Israel, although some disagreed with Israeli policy. All this to say in a clear and uncompromising voice of the Holocaust must not happen again. State President Reuben Rabin holds dozens of meetings with the leaders who came to Israel and does the characteristic of the necessary statehood. Among the key leaders who came to Israel, we see French President Emmanuel Macron, Russian President Vladimir Putin, who with all his toughness is very close to the Jewish people and...

The Vicarius startup, which has developed a technology platform to help corporations identify and deal with software threats and weaknesses, has completed a $ 5 million Seed fundraising round. The capital raised will accelerate the company's international growth and expand its operations in the international arena. The investment was led by the Jerusalem Venture Partners (JVP) fund, with the participation of Innogy Innovation Hub and Goldbell Investments. Established in 2016 by Michael Asraf, Roy Cohen and Yossi Zeevi, Vicarius aims to change the way organizations manage and secure...