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IDF Reservists Set for Tax Breaks in 2026

1/10/2026

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Summary

Story summary

Starting in 2026, Israel Defense Forces (IDF) reservists may receive a tax break as an amendment raises tax allowances by NIS 1,452, totaling NIS 11,616 a year.
Reservists gain tax credit points by service duration, up to four for 110+ days.
A proposal to reinstate a 1.5% wealth tax on land, dormant since 2000, is under Knesset consideration and would apply to undeveloped land with agricultural exemptions.

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Story summary

Starting in 2026, Israel Defense Forces (IDF) reservists may receive a tax break as an amendment raises tax allowances by NIS 1,452, totaling NIS 11,616 a year.
Reservists gain tax credit points by service duration, up to four for 110+ days.
A proposal to reinstate a 1.5% wealth tax on land, dormant since 2000, is under Knesset consideration and would apply to undeveloped land with agricultural exemptions.