Netanyahu, Isaac Herzog reached out to Moody’s before credit outlook downgrade

Prime Minister Benjamin Netanyahu and President Isaac Herzog held talks earlier this week with officials at Moody’s regarding the release of Israel’s credit rating, in which the global rating agency downgraded Israel’s credit outlook from ‘positive’ to ‘stable’ on Friday. Netanyahu and Herzog reportedly asked the agency to refrain from downgrading Israel’s credit rating. The Finance […]

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Who must file an Israeli 2022 tax return?

The Israeli filing season for tax returns has started. Who must file a tax return? In principle, persons required to file an annual Israeli tax return include: Israeli resident individuals over the age of 18 unless they are eligible for a filing exemption (see below); Most trusts with an Israeli connection; Beneficiaries who received a […]

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Moody’s downgrades Israeli credit outlook rating in warning to Netanyahu

Global rating agency Moody’s on Friday affirmed its sovereign credit rating at “A1” but downgraded the outlook on the Israeli government’s credit ratings to “stable” instead of “positive.” In a statement, Moody’s explained that the affirmation of the “A1” rating “reflects Israel’s strong economic growth and improving fiscal strength which Moody’s expects to continue in its baseline […]

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