Archive: 12/27/2011
Daily Israel Report
More

Zion's Corner Blogs

11:19
Reported

News Brief

  12/27/2011, Tevet 1, 5772

Municipal Taxes Going Down


Interior Minister Eli Yishai announced, Tuesday, a decision to change the discount tables for municipal taxes, as recommended by a committee on discounts and exemptions. The committee found that the tables had not been changed in ten years and needed revision to address the rising costs of maintaining a house and the specific economic problems of young couples, students, and disabled people.

Under the changes, the family income threshold will be raised about 25 percent and a child until the age of five will be considered as two persons. Students in dormitories will receive a 66 percent discount with a chance for it to be retroactive three-years. Other discounts apply to families with disabled people, students - including those serving in the reserves, non-profit organizations.