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6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes paid by the employer
The corporate tax rate in Israel was 25% as of January 1, ... 6,331–44,020 monthly salary ... Israeli Income Tax Calculator;
The chart below reflects the average (mean) wage as reported by various data providers. The salary distribution is right-skewed, therefore more than 50% of people earn less than the average gross salary. Thus, the median figures provided further below might be more representative than averages
The Authority said it would pay Palestinian public sector employees 50% of their March salaries on Tuesday, after Israel withheld a transfer due for the month of April.
The average wage is a measure of total income after taxes divided by total number of employees employed. In this article, the average wage is adjusted for living expenses "purchasing power parity" (PPP).
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General minimum wage by territory, as of February 2023. This is a list of the official minimum wage rates of the 193 United Nations member states and former members of the United Nations, also including the following territories and states with limited recognition (Northern Cyprus, Kosovo, etc.) and other independent countries.
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.