Tax revenues up 11.4 percent in February: Direct tax revenues, including income tax, rose 12.5% in real terms to NIS 9.9 billion.

From: Globes | Date: March 5, 2007 | Copyright information

Byline: Zeev Klein

Mar. 5--State revenues from taxes and fees rose 11.4 percent in real terms to NIS 16.2 billion in February, the Israel Tax Authority reported today. Direct tax revenues, including income tax, rose 12.5 percent in real terms to NIS 9.9 billion. Land taxes rose 3 percent in real terms to NIS 469 million, and revenues from capital market taxation totaled NIS 427 million, a 31 percent increase in real terms.

Indirect tax revenues rose 7.7 percent in real terms to NIS 5.8 billion, while purchase tax on imports totaled NIS 1.1 billion a 45 percent increase in ...

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