News Briefs
  • 12:29

    Gaza-area tax benefit extended 2 years

    The Knesset Finance Committee extended by two years, Tuesday morning, regulations which give a tax benefit to residents of Sderot and the western Negev.

    The benefit is a credit of 20% of taxable income up to an annual income of 241,080 shekels (about $63,000). It is intended to compensate for the effects of hostile activity emanating from Hamas-ruled Gaza.