Articles > Newspapers > International Newspapers, Major Markets > Jerusalem Post articles > October 2004

Article: Israel's tax burden lower than in most OECD nations

Article from:
Jerusalem Post
Article date:
October 25, 2004
Author:
Copyright

TAL MUSCAL
Jerusalem Post
10-25-2004
Headline: Israel's tax burden lower than in most OECD nations
Byline: TAL MUSCAL
Edition; Daily
Section: Economics
Page: 15

Monday, October 25, 2004 -- Israel's tax burden, encompassing income and property taxes, customs duties, VAT and national insurance, totaled 28.6 percent of GDP last year, much lower than in most Western countries, the Finance Ministry said Sunday.

According to an OECD (Organization for Economic Cooperation and Development) report only Mexico (19.5%), the US (25.4%), South Korea (25.5%) and Japan (28.6%) had a lower tax burden as a proportion of GDP than Israel. Most other OECD member states have a much higher tax burden, especially ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Bank Of Israel report Shows Israel's Tax ...
Israel Business Today;  August 1, 2000 ;     700+ words ... ... study by the Bank of Israel showed that according ... OECD) the average tax burden of member countries (of which Israel is one) was 37 ... overtaxed taxpayers. In Israel the burden is especially ... collections. If the tax burden continues to grow ...

Article: Tax burden in Israel 47% higher than U.S.
Israel Business Today;  April 29, 1994 ;     487 words ... ... study has revealed that the income tax burden on an average family in Israel is 47 percent higher than the tax burden on a comparable American family ... 3 percent in the same bracket in Israel. The 18.5 percent rate in the ninth ...

Article: Bank of Israel warns against rising tax ...
Jerusalem Post;  December 30, 1996 ;     468 words ... ... issued yesterday by the Bank of Israel said. "This deficit ... and in its wake the future tax burden that awaits the public." A spokesperson from the Bank of Israel said that while an increased ... 1993 and 1994. The Bank of Israel noted that the proportion of ...

Article: Tax burden down. (Israel) (Government, ...
Israel Business Today;  January 10, 1992 ;     506 words ... ... Ministry of Finance indicates a two percent decrease in the tax burden for 1991. Tax collections represented 39 percent of the national ... new immigrants and others whose tax liability is low. The tax burden decrease is accompanied by an increase in indirect taxes such ...

Article: Israel's tax burden lower than in EU: ...
Globes (Tel Aviv, Israel);  May 8, 2007 ;     700+ words ...May 8--A new study by Bank of Israel Research Department economist Dr. Adi Brender finds that the average tax rate in Israel is lower than the prevalent rates in the ... cover the vast majority of workers in Israel. The comparison shows that the average ...

Article: U.S. Troops Stationed in Israel Shoulder Unique Tax ...
Forward;  March 14, 2003 ;     586 words ... ... servicemen manning Patriot missile batteries in Israel are having their wages garnished for federal ... who recently returned from a trip to Israel, where he visited a Patriot missile base ... taxes because, for bureaucratic reasons, Israel has not yet been declared a danger zone ...

Article: Tax burden seen falling to 27 percent of GDP this ...
Globes (Tel Aviv, Israel);  July 23, 2006 ;     529 words ... ... percent of GDP, the overall tax burden in Israel will decrease by 3 percent of ... an increase of 4 percent. The tax burden, which reflects total state ... percent in 2005. The combined tax burden in Israel, including National Insurance ...

Article: 'Tax burden should be cut before '96 budget made'
Jerusalem Post;  January 18, 1995 ;     384 words ... ... We must cause the tax burden to decline to 38 percent ... director Yoram Gabbai, Israel's tax burden is 41% of GNP, compared ... next three years. "Israel is the champion of the ... world in terms of the tax burden on the middle class ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives