Income tax
The Israeli tax regime is based on a points system in which every Israeli resident receives tax credits based on the number of points they have. For example, families with children receive tax credit points against their taxable income based on the number and age of their children. Married couples jointly receive these tax credit points. Other potential tax credit points include points for a spouse who does not work and points for a spouse who does work.
When a couple is divorced the tax credit points for the children can be granted either to the one custodial parent or, if the parents share custody or share the support of the children,
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Web page updated on 28 Aug 2024 11:26