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.