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OECD Recommends ending VAT exemptions

  • OECD predicts Israel’s economy will grow above the global average in 2025
  • Warns about the high cost of living in Israel
  • Recommends ending VAT exemptions to increase state revenue
  • Suggests increasing carbon tax rates
  • Advises taxing sugary drinks and single-use plastic items

Source: timesofisrael.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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