- Israeli Parliament accepted Bill No. M/1708-A to increase VAT rate on bank profits
- VAT rate to increase from 17% to 26% until Dec. 31, 2025
- Law enters into force on April 1, 2024
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.