Israel to Adopt Domestic Corporate Minimum Tax Rule in 2026

Israel will adopt the local minimum tax regime on the income of multinational companies registered in the country from 2026, the Finance Ministry said Monday.

The qualified domestic minimum top-up tax, which applies to multinational companies resident in Israel with a group turnover of 750 million euros ($812 million) or more, will prevent resident companies from paying tax to other jurisdictions on income generated locally, the Finance Ministry said in a statement.

• Israel won’t immediately seek to collect tax from companies registered abroad using either the Income Inclusion Rule and an Undertaxed Profits Rule, the ministry said. But this ...