Gov’t to approve Trajtenberg tax recommendations

30.10.2011                      02.Cheschwan. 5772                       Sommerzeit endet

Israelischer Sommer:

Gov’t to approve Trajtenberg tax recommendations

Tax measures include reductions in energy prices, credit tax for parents of children up to age 3 and 2 percent “wealth tax” increase.

The Prime Minister’s Office announced Saturday that the government will pass tax recommendations from the Trajtenberg Report in a special meeting in Safed on Sunday.
The tax measures include the cancellation of NIS 2.5 billion in energy taxes, which will reduce the price of gasoline, diesel and coal; a NIS 5,000 annual tax credit for parents of children up to the age of three; and a 2 percent “wealth tax” increase on incomes over NIS 1 million….