Committee Seeks to Close Tax Loophole Exploited by Israel's Top Earners

The measure could increase state revenue by NIS 600m-800m by preventing high earners from receiving their salary as payments to a company.

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A government committee called for closing a tax loophole exploited by high-income earners, a move that could bring the state another NIS 600 million to NIS 800 million in revenues on Monday.