Israel's Finance Ministry and tax authority announced in the last week of April that they intend to introduce a digital sales tax (DST) that may reap some ILS 1 billion ($280 million) for the treasury. The tax authorities will be working on a tax on the local sales turnover of foreign digital companies in Israel. The authorities are considering a 3-5% DST rate, which is similar to the tax France recently put into law.

Click here for full article

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.