April tax revenues NIS 5.4 B, up 24%. ($1.8 billion American)

From: Israel Business Today | Date: May 20, 1994 | Copyright information

The Israeli government earned NIS 5.4 billion (approx. $1.8 billion) in tax revenues in April. This represents a gain of 24 percent in real terms over April 1993. A major reason for the gain was an increase in the taxes companies paid on profits earned on the stock market. Most chose to pay the tax in April rather than wait and incur interest ...

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