- Israel is considering canceling the 18% VAT exemption on fruits and vegetables.
- The government may also remove VAT exemptions on goods and services in Eilat, starting with a 9% VAT rate.
- Plans include ending VAT exemptions on tourism services.
- Other proposals involve reducing tax credit points, cutting tax benefits for new immigrants, and scaling back tax breaks for peripheral communities.
Source: ynetnews.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"
- Israeli Court Applies Full VAT to Tel Aviv Building Sale
- Israel’s Ministry of Finance warns of 4.5% VAT hike to 22.5% to fund defence
- Goldknopf’s VAT Cut Proposal Delayed Amid Budget Warning
- Ministers to Debate VAT Cut Before Election Despite Budget Shortfall Warnings
- Goldknopf Proposes VAT Cut to 17%, but Finance Ministry Rejects It













