Lawmakers Seek to Raise Home-buying VAT Exemption for Israelis Who Don't Do Army Service

Finance Minister Lapid comes to defense of two-tier benefit, saying those who serve deserve to get more.

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May 13, 2014 1:04 AM

The Knesset Finance Committee wants to raise the exemption from value-added tax for new-home buyers who have never served in the army or performed national service to 950,000 shekels ($275,000), 350,000...

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