GlobalTaxBook

Israel tax rates

Middle East · headline statutory rates, 2025 · High tax

In Israel, the top statutory personal income tax rate is 50% (ranked #7 of 96 countries), the headline corporate income tax rate is 23%, and the standard VAT/GST rate is 18%. Capital gains for individuals are treated as: 25%. Overall it reads as a high tax jurisdiction on headline rates — high headline rates across income, corporate and VAT. These are statutory top rates, not the effective tax most people pay, and not tax advice — verify with Israel's official tax authority.

Source: PwC Worldwide Tax Summaries. Data as of June 2026.

Israel tax rates at a glance

TaxIsrael
Top personal income tax rate50%
Corporate income tax rate23%
Standard VAT / GST18%
Capital gains (individuals)25%
Employee social securityEmployee Bituach Leumi up to ~12%

Source: PwC Worldwide Tax Summaries. Data as of June 2026.

Headline statutory rates (2025), compiled from PwC Worldwide Tax Summaries and cross-checked against OECD / Tax Foundation data. Rates change — confirm with the official tax authority before relying on them. This is not tax advice.

What these Israel rates mean

The figures above are headline statutory rates: the top marginal personal income tax rate, the standard (not reduced) VAT/GST rate, and the main corporate rate. The top 50% income tax rate only bites on income above the highest bracket — the effective rate an average earner pays is lower. Consumption is taxed through VAT/GST at 18%, usually with reduced rates on essentials. Always layer in social security (Employee Bituach Leumi up to ~12%) and any local taxes for a full picture.

How Israel ranks

Ranking among the 96 countries in GlobalTaxBook, highest headline rate = #1. Statutory rates only.
MeasureIsraelRank (1 = highest)
Top personal income tax50%#7 of 96
Corporate income tax23%#40 of 96
Standard VAT/GST18%#42 of 87

Countries with a similar tax level to Israel

The five countries closest to Israel on overall headline tax level:

Israel and its nearest peers by headline tax burden. Source: PwC Worldwide Tax Summaries, 2025.
CountryTop income taxCorporate taxVAT/GST
Israel (this country)50%23%18%
Argentina35%35%21%
United Kingdom45%25%20%
France45%25%20%
Portugal48%19%23%
Greece44%22%24%

Frequently asked questions

What is the income tax rate in Israel?

The top statutory personal income tax rate in Israel is 50%. This is the highest marginal rate, which only applies above the top income threshold — most taxpayers pay less. It ranks #7 of 96 countries in our dataset by top rate. Headline rate as of 2025; verify with the official tax authority.

What is the corporate tax rate in Israel?

Israel's headline corporate income tax rate is 23%, ranking #40 of 96 by headline corporate rate. Effective rates can differ with incentives, surcharges and local taxes. Verify with the official authority.

Does Israel have VAT or sales tax?

Yes — the standard VAT/GST rate in Israel is 18%. Reduced rates often apply to food, medicine and other essentials.

Is Israel a high-tax or low-tax country?

On headline statutory rates, Israel looks like a high tax jurisdiction — high headline rates across income, corporate and VAT. This is a rough signal from top rates only, not the effective tax an average person or company pays. Tax residency, deductions and treaties change the real picture. Not tax advice.

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Sources & accuracy

Headline rates for Israel from PwC Worldwide Tax Summaries, cross-checked with the OECD and Tax Foundation. Data as of June 2026; reflects roughly the 2025 tax year. These are statutory headline rates, not effective rates, and this page is general information, not tax advice — verify with Israel's official tax authority and a qualified adviser before acting. See our methodology and disclaimer.

Last updated: 2026-06-20