Israel to mull tax exemptions on donations to ‚Zionist settlement‘

10.02.2012                      17.Schwat. 5772

Neue Gesetzesvorlage:

Israel to mull tax exemptions on donations to 'Zionist settlement'

Likud-sponsored bill would grant up to 35% break on donations to institutions that strengthen Zionism and encourage Zionist settlement.

The Ministerial Committee on Legislation will discuss on Sunday a bill recognizing donations to "Zionist settlement" for tax purposes. The bill would confer a tax exemption of up to thirty-five percent on such donations.
The bill did not specify whether "Zionist settlement" referred to settlement in the West Bank or anywhere in Israel, although in practice it most likely means giving assistance to organizations that promote settlement beyond the Green Line….