Income Tax    2019 Tax brackets

2019 Tax brackets in NIS

3% surcharge tax will be added to revenues in excess of 649,560

2019 Tax brackets in USD*

3% surcharge tax will be added to revenues in excess of $175,557

  • Credit point yearly value - USD 708

  • Credit point monthly value - USD 59​

*The Israeli Tax Authority calculates the tax liability in NIS.

The information above, in USD, is calculated based on an estimated USD/NIS exchange rate of USD 1: NIS 3.7. Any differences between this exchange rate and the final exchange rate for 2019 will affect the tax liability in USD.

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