Archive for the ‘tax benefit’ tag
Political: February 12, 2012
The Ministerial Committee for Legislation decided to authorize a proposed bill that grants a tax break on donations for “encouraging settlement”. The proposition, forwarded by Likud MKs Ze’ev Elkin and Zion Pinyan grants a tax break of up to 35% on donations to settlements in the Galilee, Negev, and West Bank.
(Hebrew)
Political: 16th December, 2010
Even though the Supreme Court of Justice decided the amendment of the Internal Revenue Act, approved by the government, promote inequality and discriminates against Arab municipalities by denying them tax benefits, the government has yet to refer to the decision, and did not provide the Court with a new list of municipalities. The government had to reply to the decision at the end of November. (Hebrew)
Economy: 8 November, 2010
The Sheshinsky Committee, which examines Israel’s policy in proving for gas and oil, has calculated that the sum total of royalties conveyed by the Delek and Noble Energy companies came to only NIS 650 million, while the unique tax benefits the companies received are NIS 90 million higher than that. (Hebrew)
