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Exit Tax in Israel Will Replace Revenue Lost by Abolishing Visas

March 17, 1961
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The annual revenue of 1,750,000 pounds ($980,000) provided by exit visas will not be lost when such visas are abolished shortly, the Finance Committee of the Knesset, Israel’s Parliament, was told today.

A special exit tax will be imposed on departing Israelis to replace the lost revenue. Support for abolition of such visas was general at the committee meeting.

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