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2020 Tax brackets in NIS
3% surcharge tax will be added to revenues in excess of 651,600
2020 Tax brackets in NIS
3% surcharge tax will be added to revenues in excess of 651,600
2020 Tax brackets in USD*
3% surcharge tax will be added to revenues in excess of $186,171
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Credit point yearly value - USD 751
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Credit point monthly value - USD 63
*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 3.5. Any differences between this exchange rate and the final exchange rate for 2020 will affect the tax liability in USD.
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