Compensation

Your Taxes: How Israeli businesses can claim compensation for protection money damage

Businesses targeted by protection-money criminals may now qualify for government compensation, but strict documentation rules and limited funding could complicate claims.

|ByLEON HARRIS
Law enforcement arrests a member of the Hariri crime organization on suspicion of extortion, threats, and the planting of explosive devices.
Hezbollah commemorates second anniversary of Nasrallah's killing in Beirut's southern suburbs Sunday, 27th September 2026

Hezbollah cannot buy back Shia support as group promises $14,000 to displaced families

Under the plan presented by Hezbollah Executive Council chairman Ali Damoush, eligible families in Beirut and its southern suburbs will reportedly receive $14,000.

|ByDANIELLE GREYMAN-KENNARD
Gali Baharav-Miara.

Treasury to allocate NIS 40 million to institutions affected by war via two tracks

The Accountant General's initiative joins the Israel Tax Authority's program to compensate protection-racket victims and the decision to subsidize fuel prices by hundreds of millions of shekels.

|ByYEHUDA SHARONI
New compensation track launched for protection racket victims.

Up to NIS 2 million: New compensation track launched for protection racket victims

A new pilot will allow business owners who refused to pay protection money and suffered direct property damage to their business or residence to file claims with the Compensation Fund.

|ByWALLA! MONEY

Finance Ministry comes under attack at committee meeting

Eshkol Regional Council head Gadi Yarkoni spoke strongly against the government's response to the situation, especially that of the Finance Ministry.

OCTOBER 23, 2023ByARIELLA MARSDEN
Finance Minister Bezalel Smotrich holds a press conference with bereaved families at the Israeli Finance Ministry in Jerusalem on January 8, 2023.

An ex-Marine reported company defrauding millions from tax payers, receives $40 million settlement

Ex-US Marine Sarah Feinberg outed a defense firm using funds from its $6.5 billion worth of government contracts to make up for company shortfalls.

AUGUST 31, 2023ByJERUSALEM POST STAFF
Police officers stand in front of the U.S. Supreme Court in Washington, DC, U.S., January 19, 2018