Taxes
Israel-Gaza War, Taxes
Knesset Finance Committee approves raising VAT to 18% to cover wartime shortfall
The tax increase now goes to the Knesset for a second and third vote. Members of the committee, including on the coalition, criticized the move as too easy and harming the weakest members of society.
Avi Woolf | 20.02.24
Electrical Vehicles, Finance Ministry
In a sharp break from past policy, the Finance Ministry is now proposing an end to the reduced sales taxes on electrical vehicles and a significant reduction in subsidies for new charging stations.
Avi Woolf | 10.01.24
The 2024 State Budget
Additional taxation on fuel and natural gas, which will also impact electricity prices, increased taxation on tobacco products and cigarettes, and a substantial cut in the medication basket - All are part of the Treasury's efforts to cope with the costs of the war.
Yehuda Klein, JFeed Staff | 10.01.24