• videocam Live Webinar with Live Q&A
  • calendar_month July 20, 2026 @ 1:00 PM ET/10:00 AM PT
  • signal_cellular_alt Intermediate
  • card_travel Tax Preparer
  • schedule 110 minutes

U.S.-Israel Dual Taxation: Treaty Benefits, Taxation of Real Estate Transactions, Pensions and Social Security, New Tax Legislation

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About the Course

Introduction

This course will explain tax planning opportunities and pitfalls to avoid for both U.S. immigrants to Israel and Israelis residing in the U.S. Our panel of international tax experts will discuss recently enacted incentives for immigrants, tax compliance, and analyze the U.S.-Israel Income Tax Treaty to identify benefits available to taxpayers in both countries.

Description

Whether accidental Americans or intentional immigrants to Israel, taxpayers subject to tax in both Israel and the United States need to understand how to avoid or mitigate double taxation of income in both countries. The U.S.-Israel Income Tax Treaty is one of the many treaties accessible on the IRS website. Like most of these treaties, the U.S.-Israel Income Tax Treaty provides reduced withholding rates, specifies which country has the "first bite" on taxes, and details the taxation of various revenue streams to prevent double taxation of income.

Unlike most of these countries, Israel and the U.S. do not have a totalization agreement. A totalization agreement exempts self-employed individuals working outside the U.S. from Social Security tax. If you are a U.S. citizen who is self-employed in Israel, you will likely pay both the Bitauch Leumi (Israel's National Insurance) and U.S. self-employment tax.

As of Jan. 1, 2026, there are new reporting obligations for immigrants and veteran returning residents in Israel. The 10-year exemption from tax on foreign source income remains in place. Additionally, on Mar. 30, 2026, Israel's Parliament voted to approve a 0% tax rate on personal service income earned in the country by immigrants. 

Taxpayers subject to tax in both countries, planning extended stays in Israel and the United States, and their tax advisers need to thoroughly understand the tax consequences and available remedies to mitigate dual taxation.

Listen as our U.S. and Israel panel of tax veterans explains the taxation of different income streams, allowable tax deductions, and treaty benefits available to lessen the tax burden for taxpayers liable for tax in both countries.

Presented By

Gidon Broide, CPA (Israel & US), TEP
Managing Partner
Broide and Co.

With more than 20 years of experience in audit, tax and consulting, Mr. Broide advises families, trusts, individuals and corporations, as well as local and foreign professional advisors and trustees. He believes in knowing our clients well and understanding their concerns. Mr. Broide is considered an expert on taxation of trusts in Israel. He is a qualified CPA in both Israel and the US and a member of STEP (Society of Trust and Estate Professionals).

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Patrick McCormick
Partner
gunnercooke LLP

Mr. McCormick is an attorney with fifteen years of experience, focusing his practice on international taxation. He represents both business and individual clients on all aspects of United States international tax rules, both from an income tax and estate/gift tax perspective. Having previously served as a partner at large law firms, an accounting firm, and a boutique tax law firm, Mr. McCormick's client exposures have covered every conceivable area of American-side international tax matters. He has worked with clients located in over 130 countries on American tax considerations of multinational activities, cultivating specialized knowledge in every area of United States international tax rules. Mr. McCormick's practice focus has facilitated an unparalleled expertise in the field; he is trusted by clients and advisors around the world to obtain optimal results on international tax matters. Mr. McCormick is licensed to practice in Pennsylvania and New Jersey. and regularly assists clients (particularly multinationals) with estate planning needs in these jurisdictions.

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Credit Information

  • BARBRI is a NASBA CPE sponsor and this 110-minute webinar is accredited for 2.0 CPE credits.

  • BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

Date + Time

  • event

    Monday, July 20, 2026

  • schedule

    1:00 PM ET/10:00 AM PT

I. U.S.-Israel dual taxation: introduction

II. The U.S.-Israel Income Tax Treaty

III. Recent developments

IV. Israel's 10-year tax holiday for immigrants

V. Differences in taxation of common streams of income

VI. Allowable tax deductions

VII. Available tax credits

VIII. Planning for charitable donations

IX. Tax treatment of LLCs, partnerships, and pass-through entities

X. Taxation of real estate transactions

XI. U.S. and Israel compliance requirements

XII. Common pitfalls in tax planning and reporting

The panel will review these and other critical issues:

  • Determining whether the U.S. or Israel gets the "first bite" of taxes
  • Taxation of U.S. pensions and Social Security by Israel
  • Recent enacted legislation relative to the taxation of immigrants and returning residents of Israel
  • Capital gains, Section 1031, and installment sale considerations in the U.S. and Israel
  • Analyzing the U.S.-Israel Income Tax Treaty for benefits

Learning Objectives

After completing this course, you will be able to:

  • Determine tax credits available to mitigate dual taxation
  • Decide how Israel taxes LLCs and pass-through entities
  • Ascertain when pension income could be tax-free in Israel
  • Identify new requirements for immigrants and returning veteran residents
  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite:

    Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of international taxation, including residency determination, foreign entity classifications, application of treaty benefits, as well as GILTI/NCTI, Subpart F, and the related Section 250 deductions.

BARBRI, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

IRS Approved Provider

BARBRI is an IRS-approved continuing education provider offering certified courses for Enrolled Agents (EA) and Tax Return Preparers (RTRP).

BARBRI CE webinars-powered by Barbri-are backed by our 100% unconditional money-back guarantee: If you are not satisfied with any of our products, simply let us know and get a full refund. Contact us at 1-800-926-7926 .