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2017-01-02

333 million Shekels Tax Returns until November

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The data of the Ministry of Finance showed on Sunday that the ministry reinstated 333 million shekels for workers who have paid the tax in advance (tax returns) until October compared with about 538 million shekels for the same period last year.

Taxes are reinstated when a licensed worker (the person who sells or offers a service within his normal work activity) pays a greater tax than the one received from his customers. Tax returns include several sectors including fuel, traders and farmers.

 

The data indicated that the tax returns distributed among the fuel by 218 million shekels and other returns by nearly 115 million shekels.