Minister of Education Naftali Bennett said, Tuesday morning that Tax Authority Director Eran Yaakov told him that contrary to the reports, there is no intention to increase the tax on the exercise of stock options to employees at the time of a buyout or issuance of stocks.
Calling it "the absolute fake news", Bennett wrote on Twitter, "I spoke with Eran Yaakov. There is no change in the taxation policy on options. It is evident that he is making great efforts to maintain and strengthen Israeli high-tech." Bennett added, "And to remove doubt: As usual, I have no personal connection, and I do not hold such options. I only care very much that this Israeli wonder in which I grew up - the high-tech world - will continue to flourish, bring us international respect, and will continue to move and pull up the Israeli economy."