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Israeli Cabinet Approves 2025 Budget with Increase in Standard VAT Rate to 18%

  • Israeli Cabinet approved Budget for 2025 on 1 November 2024
  • Budget contains various measures, including tax changes
  • Main tax measure is an increase in standard VAT rate from 17% to 18%

Source: orbitax.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.

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