The Israel Treasury today proposed new tax exemptions for Israeli residents investing “hard” currency in local stocks, in an effort to give further encouragement to such investments.
Under the proposal, such investors will be exempt from paying taxes on dividends and interest for a period of eight years from the time the investment was made. The proposed Treasury regulation is to go into effect after approval by Parliament’s Finance Committee.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
