Israel Keeps VAT Tax Exemption for Tourists
By Jspace Staff on 5/15/2013 at 4:25 PM
Categories: Israel, Travel
Israel has decided to continue granting tourists a VAT tax exemption for the 2013-14 year, the cabinet announced Monday. The idea to remove the exemption was floated through the government in a bid to raise revenue, but the finance committee passed its annual budget this week without implementing the measure. Instead, a 2 percent spending cut was issued as part of the 388 billion shekel, of $106.7 billion, budget plan. “[This is a] responsible decision not only for the 200,000 people working in the …More










