Finance Minister Moshe Kahlon Weighs Lowering VAT Rate to 17%

Finance minister also mulling cut in corporate tax rate from 26.5% to 25% to spur economic growth, while rejecting suggestion to lower the budget deficit ceiling

comments Print
Finance Minister Moshe Kahlon is considering lowering the country’s value-added tax rate from 18% to 17% and lowering the corporate tax rate from 26.5% to 25% in the near future, in light of the tax surplus...