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Tax Authority warns higher income Israelis are leaving
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Front - Globes
Not only has the number of Israelis emigrating from Israel increased in recent years, but their economic profile has also changed.
This is according to a new study by the Israel Tax Authority’s Planning and Economics Division, which examined the income and tax payments of Israelis who emigrated from the country between 2015 and 2024.
Until 2019, the income tax paid by Israelis leaving the country amounted to about NIS 500 million per year, while in 2023 and 2024 the amount reached about NIS 1.2 billion each year.
The Israel Tax Authority defines this as a potential tax loss of about NIS 700 million for each year of emigration.
The top decile is currently responsible for about 67% of all income from those emigrating and about 86% of the income tax they paid before their departure.