- Israeli Ministry of Finance approved draft 2025 state budget and economic plan
- Measures in draft budget include promoting tax certainty in high-tech industry, providing capital gains tax exemptions for foreign investors, enhancing supervision of digital platforms, reducing purchase tax, increasing housing supply, offsetting VAT on rental construction, and permitting expense deductions for fictitious invoices.
Source: news.bloombergtax.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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