The Knesset approved a tax reform bill that paves the way for Israel’s first capital gains tax. The law, which goes into effect on Jan. 1, will tax stock profits and overseas income while providing a gradual reduction in income tax over a five-year period.
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.