- Israeli government approved higher military spending and cuts in education, health, and social services in draft budget for 2025
- Budget includes raising value-added tax from 17% to 18% to close a budget gap of around 40 billion shekels
Source: yahoo.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.
Latest Posts in "Israel"
- Israel Updates VAT, Customs Rules and Invoice Thresholds; Doubles Personal Import Tax Exemption
- Briefing Document & Podcast: E-Invoicing and E-Reporting in Israel
- New Invoice Validation Threshold and VAT Reportable Positions
- Personal Import Tax Exemption Raised to $150; Exclusions and Legal Challenges Noted
- Thresholds for Mandatory Allocation Numbers on Tax Invoices to Be Lowered in 2026













