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Economy14:14 · Sep 15

Israeli Tax Authority Faces Scrutiny Over Banking Practices

By ארז אורעד
Translated & summarized from TheMarker by baba
The story · English

A recent article highlights concerns regarding the Israeli Tax Authority's alleged involvement in practices that hinder small business operations, specifically mentioning a case where a woman named Smadar from Nahariya was reportedly unable to open a clinic without the cooperation of a particular bank. The piece suggests that the Tax Authority needs to take action to address these issues. The article also touches upon broader financial topics, including the sale of the Altshuler Shaham investment house and its implications for investors, as well as warnings from S&P about significant spending by tech giants on "high-stakes gambles." Additionally, it discusses a new plan to reduce pensions, potential concerns about true pension fund numbers, and insights into investing in the Polish stock market. Other financial news includes a guide for Israelis on the S&P 500 index, an explanation of how a bank index ETF works, historical trends in the dollar-shekel exchange rate, and a report on Israeli startups competing for AI security funding, raising $750 million. The article also features a piece on acquiring properties at the price of a four-room apartment in central Israel and a deal involving Liran Weitzman and an Indian investor reportedly worth tens of millions of euros.

Read the original at TheMarker
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