Finance minister says move will lower cost of living, free Israelis from exploitation by monopolies; businesspeople protest, ...

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Finance Minister Bezalel Smotrich is set to expand the VAT exemption on personal imports from $75 to $150, a move expected to lower costs, boost competition, and expand consumer choice.

Minister of Finance Bezalel Smotrich has signed an order that will increase the exemption from VAT and customs duties on personal imports from abroad from $75 to $150 as of tomorrow (Wednesday).

Finance Minister Smotrich's move raises the VAT exemption ceiling for purchases from abroad. Business owners oppose the move.

Protesters also warned of the economic implications of the move for local commerce, employment, and business stability in ...

The VAT exemption is part of a set of proposed measures that would aim to reduce the cost of living for families, Socialist leader Pedro Nuno Santos said in Lisbon on Saturday. The Socialist Party ...

The National Board of Revenue (NBR) has extended the value-added tax (VAT) exemption on Metro Rail services until June ...