Israel’s “punitive” Sheshinski tax changes to take effect on 1 January 2016
Published: Friday, 04 December 2015
The refreshed mining tax regime will not be welcomed by ICL, which has previously described the changes as “the most extreme in the world”.
Tel Aviv-headquartered Israel Chemicals
Ltd (ICL) issued a document yesterday containing information on
how the new Israeli tax regime for mining companies, which will
see the company pay more tax on its production and revenues,
will affect the company.
Entitled "Economic Efficiency Law (Legislative Amendments
for Accomplishment of Budgetary Targets for...