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Tech Israel
Daily Updates from Silicon Wadi for
Monday, January 6, 2025
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Explainer
Sharon Wrobel
Experts fear last-minute corporate tax law could have unintended, costly consequences
The so-called ‘trapped profits bill’ that took effect on Jan. 1 aims to curb tax avoidance amid expensive war, but some worry it’ll be hard to implement and discourage investment
Central bank sees economy improving but warns of continued geopolitical uncertainty
By
Sharon Wrobel
Bank of Israel holds interest rates at 4.5%, citing rising inflation following January tax hikes, including VAT; governor warns lawmakers against making changes to the 2025 budget
In first, Tel Aviv apartment building turns to solar energy storage for emergency use
By
Sue Surkes
Sunshine for Everyone helps lease rooftop to developers, allowing nine-story building to go off-grid and maintain electricity in common areas during power cuts
Israel to cut travelers’ flight cancellation compensation to woo back foreign airlines
By
Sharon Wrobel
MKs advance measure under which passengers will be entitled only to a refund of ticket cost; government also announces plan to assist airlines operating US flights
Promoted Campaign
Friends of Tzafon Medical Center
Rebuilding Northern Israel with Tzafon Medical Center
Northern Israel has faced unprecedented challenges, but Tzafon Medical Center remains steadfast in its mission to provide world-class medical care for the people of the North.
Inside story
Along with soaring prices, Israel rings in 2025 with economic reforms, but will they work?
By
Sue Surkes
With a few behemoths dominating imports of food, cosmetics and other products, changes are intended to lower costs including by boosting competition; experts have their doubts
Financial blows take effect on January 1, ushering in an expensive 2025 for Israelis
By
Sharon Wrobel
and
ToI Staff
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