- Israeli government approved a 1% VAT increase from 17% to 18%
- Originally planned to be implemented on 1 January 2025
- Finance Ministry considering bringing forward the VAT hike to June 2024
- Goal is to raise extra funding for Gaza
Source: tungstenautomation.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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