The Tax Authority warns that the move will entail a revenue loss of NIS 8.5 billion per year, which would be funded by cuts or an increased deficit.

Just a few months before the elections, the housing minister who voted in favor of raising the VAT proposes lowering it to 17%. The Finance Ministry clarifies that the proposals…

The Tax Authority warns that the move will entail a revenue loss of NIS 8.5 billion per year, which would be funded by cuts or an increased deficit.