Sheshinski II committee findings one step closer to law

By James Sean Dickson
Published: Tuesday, 11 November 2014

Israel Chemicals has distributed a series of strongly worded releases in opposition to the proposed high tax rates of the Sheshinski II committee. The company will be disappointed that the socioeconomic cabinet has approved the findings, albeit with minor positive changes.

The recommendations of the Sheshinski II committee, which have been highly criticised by Israel Chemicals Ltd. (ICL), are one step closer to becoming law following the approval of Israel’s socioeconomic cabinet, according to national media sources.

Monday saw the cabinet approve measures set out in the Sheshinski committee report’s findings,...

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