On 24 October 2019, Australia's House of Representative (lower house of parliament) approved the bill for the ratification of the pending income tax treaty with Israel. The treaty, signed 28 March 2019 ({News-2019-04-01/T/2-previous coverage}), is the first of its kind between the two countries and will enter into force once the ratification instruments are exchanged. It will apply in Israel from 1 January of the year following its entry into force and will apply in Australia in re…