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      Archive: 4/30/2012

      News Brief

        4/30/2012, Iyar 8, 5772

      Vote on Cigarette-Tax Hike Delayed

      Chairman Moshe Gafni of the Knesset Finance Committee ordered a one-week delay, Monday, on a vote to change taxation for imported cigarettes and tobacco products. The delay followed a heated debate regarding court orders surrounding the changes.

      Gafni called on the Treasury and the Tax Authority to reach a compromise with the Airports Authority, duty-free franchise holder James Richardson and tobacco producers and importers, who stand to be harmed by the changes.