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Israel-Palestine-Jordan
Israel Tax Authority returns over half-a-billion new shekels to businesses
2021-02-10
[Jpost] The decision to return NIS 511 million to Israeli businesses was prompted by the huge financial hits that businesses have taken since the pandemic began, suffering through three lockdowns.

Income tax surpluses, in the amount of NIS 250 million, have already been returned to 3,000 businesses as part of the process.

This isn't the first time the ITA has adopted such measures, putting NIS 1 billion in the pockets of citizens last year in March, and NIS 345 million in October.
Posted by:g(r)omgoru

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