- Israel’s cabinet approved the 2026 state budget amid controversy.
- VAT remains at 18%, after last year’s increase from 17%.
- VAT exemptions on personal imports are expanded from $75 to $150.
- Market entry restrictions for small banks are eased to boost competition and consumer choice.
Source: regfollower.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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