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Netanyahu gave a month to prepare recommendations reactions to the tax reform trump

Prime Minister Benjamin Netanyahu held a special meeting with the leadership of the Prime Minister’s office and the Ministry of Finance to discuss the impact on the Israeli economy of tax reform conducted by the President of the United States Donald trump, «kalkalist».

Following the meeting the head of government instructed the national Council for the economy headed by AVI Simonom for 30 days to prepare recommendations for government action in the light of the reform of the trump.

Recall that the reform reduced the income tax in the United States from 35% to 21%, whereas in Israel the income tax from 1 January 2018 is 23%.

This situation raises concerns about the willingness of American corporations to open offices in Israel and the desire of Israeli corporations to leave Israel and move to the United States.

Netanyahu gave a month to prepare recommendations reactions to the tax reform trump 02.01.2018

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