Tax Collection in Israel Climbed 5.1% in the First Quarter From a Year Ago, Treasury Reports

Figures running so far ahead of forecasts that officials say they’ll need to revise 2016 projections later in the year.

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The rise in tax collection showed no signs of letting up in the first quarter, as the government collected a record 72.6 billion shekels ($19.1 billion), a 5.1% increase discounting for inflation from a year...