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Israel Considering Rate Cuts for Corporate Income Tax and VAT

|Proposed Changes|Israel
Israel

According to recent reports, the Israeli government is considering plans to reduce the rates of both corporate income tax and value added tax (VAT) in an effort to stimulate the economy. The plan includes a reduction in the corporate tax rate from 26.5% to 25%, and a reduction in the VAT rate from 18% to 17%.

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