Steinitz Launches New 2% Surtax on the Rich

Tax applies to incomes of NIS 800,000 a year, which includes not just salary but capital gains, dividends, interest, rents, etc. so that now any employee with a monthly salary of over NIS 67,630 will pay the extra 2% starting January 2013.

comments Print
The rich will be paying higher income taxes as of this year. Finance Minister Yuval Steinitz signed the new tax regulations in recent days, which levy a 2% surtax on incomes of NIS 800,000 a year. This sum...