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Daily Israel Report
11:54
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News Brief

  8/1/2011, Av 1, 5771

Committee OKs 2-Year Extension of Gaza-Area Tax Breaks


The Knesset Finance Committee approved, on Monday, a bill providing two-year extension of supplemental tax breaks for Gaza-area communities who are under the threat of terror attacks from the Hamas-controlled area.

The bill would replace an emergency order contained in the 2007 law providing aid to Sderot and other western Negev communities, which expires at the end of 2011. The proposal now goes to the full Knesset for its final readings.