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Tuesday . 13 January . 2026
Breaking Update

Total Levies from Taxations of Excess Profits from Natural Resources in 2025 Was $2.7 Billion

Israel collected 8.8 billion Shekels ($2.7 billion) in natural resource excess profit taxes by end of 2025, with 7.3 billion Shekels designated as absolute.

Gil TanenbaumBusiness

Jerusalem, 12 January, 2026 (TPS-IL) — The Israel Tax Authority announced that total levies collected from taxation of excess profits from natural resources by the end of 2025 increased to 8.8 billion Shekels ($2.7 billion), of which 7.3 billion Shekels ($2.3 billion) were absolute levies. In total, approximately 1.3 billion Shekels ($410 million) were collected in 2025, compared to approximately 1 billion Shekels ($310 million) in 2024. Approximately 1.2 billion Shekels ($380 million) became absolute, compared to 1.4 billion Shekels ($315 million) in 2024.

Non-final levies are levies that were collected as advances or as a deduction at source during the tax year and their collection is not yet final. After the end of the tax year, depending on the amount of the levy that will be calculated in the annual report that will be submitted, the said levy, in whole or in part, will become final. Final levies are levies that were collected based on annual reports submitted by the owners of oil and natural resource rights, as well as levies that were collected following a final assessment.

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Gil Tanenbaum
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