Tuesday, December 6, 2011

Bethel Finance: Cabinet approves customs exemption on online purchases

www.bethelfinance.com

Bethel Finance news:

The cabinet today approved exempting from customs online purchases of goods up to a value of NIS 1,200, after Prime Minister Benjamin Netanyahu raised the exemption by 20%. The exemption does not require legislation, only Minister of Finance Yuval Steinitz's signature on the directive.

However, the cabinet postponed discussing other Trajtenberg committee recommendations, including the construction of scores more gas stations, proposals for improving government regulations, lowering customs, and reducing concentration in the economy.

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