1.0יניב איש שלום משרד עורכי דיןhttps://ish-shalom.co.il/en/'yanitr4f_admin'https://ish-shalom.co.il/en/author/yanitr4f_admin/rich600338<blockquote class="wp-embedded-content" data-secret="A8lcF1Wiio"><a href="https://ish-shalom.co.il/en/income-tax/">Income tax</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://ish-shalom.co.il/en/income-tax/embed/#?secret=A8lcF1Wiio" width="600" height="338" title="“Income tax” — יניב איש שלום משרד עורכי דין" data-secret="A8lcF1Wiio" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://ish-shalom.co.il/wp-includes/js/wp-embed.min.js </script> Income tax is a direct tax imposed on the income of an individual or entity. Tax laws allow for the deduction of expenses incurred in generating the income, so in practice, the tax is imposed on the profit. In addition to deductions for allowed expenses, there are situations where losses from previous years can be offset, and there are exemptions that can be utilized.