Tax Authority targets tech employee stock options

A special team from the Ministry of Finance and Israel Tax Authority is currently considering major changes to taxation on tech employees to be included in the 2027 budget and economic arrangements bill. The changes include raising taxes on employee share options, while reducing income tax. The team is being led by Tax Authority director Shay Aharonovich, budget commissioner Maharan Frozenfar and Ministry of Finance chief economist Dr. Shmuel Abramzon.