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Budget for 2013-2014 – adopted by parliament

|Approved Changes|Israel
Israel

On 30 July 2013, the parliament adopted the Budget Law 2013-2014 and the Economic Arrangements Law. The most important features, which will generally apply from 1 January 2014, are as follows:

(a) Corporate income tax

-   The standard corporate income tax rate will be increased from 25% to 26.5%.

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