After the Knesset plenum rejected the order to expand the VAT exemption to $150, Finance Minister Bezalel Smotrich signed a new order raising the exemption to $130, which will take effect at midnight.
Arutz Sheva has learned that after shooting down Min. Smotrich's VAT exemption order, Likud MKs warned that they will not vote for the conscription law either.
MKs from Likud and Otzma Yehudit vote against the measure, while many ministers are absent during the vote on expanding the VAT exemption law, dealing the coalition a defeat.
Likud MKs promise to vote against Finance Minister Bezalel Smotrich's order raising exemption ceiling for personal imports to $150.
Finance Minister Smotrich's move raises the VAT exemption ceiling for purchases from abroad. Business owners oppose the move.
Finance Minister Bezalel Smotrich is set to expand the VAT exemption on personal imports from $75 to $150, a move expected to lower costs, boost competition, and expand consumer choice.
Finance Minister Avidgor Liberman considering ending VAT exemption for imported items purchased online.
State Comptroller to release report assigning responsibility to both men – as well as to Ehud Olmert – for rise in real estate values.
The period between October and December 2014 was the most active on the Israel real estate scene since 2002, statistics said.
Evidence is mounting that Israeli homebuyers are sitting on the fence, waiting for the passage of Yair Lapid's zero-VAT initiative.
Housing sales are down in Israel, because of high prices and anticipation of the zero-VAT purchase plan - but rents are sky-high
Minister Uzi Landau suggests that residents, businesses within 40 km of Gaza receive benefit for one year.
'If you have no respect for Torah, respect the Arab rebellion' threatens Eichler, in vitriol on Lapid's VAT housing law benefiting soldiers.
Legal experts, as well as the head of the Bank of Israel, criticized Yair Lapid's VAT exemption plan for first-time homebuyers.
The Ministerial Law Committee approved for legislation the law that would slash VAT costs for first-time home buyers.
Housing and Finance ministers agree on landmark bill to eliminate VAT for first-time home-buyers, but not everyone is happy.
Housing Minister Uri Ariel (Jewish Home) slammed Yair Lapid's plans to 'accommodate' haredi and Arab Israelis in his VAT exemption plan.
Residents of peripheral areas said that Yair Lapid's plan to eliminate VAT payments for home-buyers would ruin their own communities.
Hareidi MK attacks Finance Minister Yair Lapid, saying that he is 'guilty of hate crimes against haredi Israelis.'
Lapid modifies plan exempting first-time homebuyers from VAT payments to include those who don't serve in IDF - will it pass courts?
