Israel Tax Authority Falling Short of Target on Taxing 'Trapped' Corporate Profits
Despite having raised only NIS 640 million in tax revenues from so-called "trapped" corporate profits, Israel Tax Authority says it expects more companies to use the special tax break expiring in November.
The Israel Tax Authority is currently far short of its goal for collecting tax revenues from so-called trapped corporate profits, with just NIS 640 million of the NIS 3 billion projected in the 2013 budget,...
Want to enjoy 'Zen' reading - with no ads and just the article? Subscribe today