TaxWorldWeb – International Tax News

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The State Revenues report for 2008-09 reveals that Israel leads in indirect taxes – regressive taxes that hurt the poor, and has the lowest income tax levels as, the government cut direct taxes and raised indirect taxes. The report also shows that Israel’s tax burden is no longer onerous. The overall tax burden in 2009 was 31.4% of GDP, close to the OECD average of 31.1%




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