OrbitaxCabinet adopts Budget for 2013-2014
|Approved Changes|Israel
On 14 May 2013, the cabinet adopted the Budget for 2013-2014. The following proposals have been approved:
| - | Increase of the corporate income tax from 25% to 26%. | |
| - | Increase of the personal income tax by 1.5 percentage point for all the brackets as of 1 January 2014. | |
