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The Authority was established on 1 September 2004, following a decision by the Government of Israel to merge the tax collection divisions - the Income Tax and Real Estate Tax Department, the Customs and VAT Division and the Computerised Processing Service.
Taxation in Israel include income tax, capital gains tax, value-added tax and land appreciation tax. The primary law on income taxes in Israel is codified in the Income Tax Ordinance. There are also special tax incentives for new immigrants to encourage aliyah .
The Israeli Ministry of Finance (Hebrew: מִשְׂרַד הָאוֹצָר, romanized: Misrad HaOtzar) is the main economic ministry of the Government of Israel.It is responsible for planning and implementing the Government's overall economic policy, as well as setting targets for fiscal policy, preparing the draft State Budget and monitoring implementation of the approved budget.
Leaders of major churches have accused Israeli authorities of launching a “coordinated attack” on the Christian presence in the Holy Land by initiating tax proceedings against them. While ...
A revenue service, revenue agency or taxation authority is a government agency responsible for the intake of government revenue, including taxes and sometimes non-tax revenue. [ 1 ] [ 2 ] Depending on the jurisdiction , revenue services may be charged with tax collection , investigation of tax evasion , or carrying out audits .
Israel Tax Authority; M. Mashav; S. Standards Institution of Israel This page was last edited on 2 April 2018, at 00:12 (UTC). Text is available under the Creative ...
Israel adopted the Jordanian Income Tax Law of 1964 to levy taxes on Palestinians in the West Bank, while making notable changes to its tax rate intervals, but applied Israeli tax laws to Israeli Jews moving into settlements there. [3] Under the Jordanian system the highest tax rate of 55% started with incomes of 8,000 dinars.
Israel's tech sector has remained resilient during a year-long war with Palestinian Islamist group Hamas but as it relies on large companies and foreign investment, the sector faces funding ...