As previously reported by Pagero, there have for a long time been discussions in Israel to implement a CTC model in the country. The country has been plagued by tax evasion and the enforcement agencies have been missing the proper tools to combat this.   On 24 February 2023, the Government of Israel approved the 2023-2024 state budget and economic plan, which outlines the introduction of a clearance-based model into the tax system. Under this model businesses will require real-time approval by the tax authority of issued invoices above the threshold of NIS 5000 (ca. EUR 1300,00).   There is...