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Israeli confirms 31 May 2013 1% VAT rise

  • VAT
  • 20 May 2013 | Richard Asquith

Israeli confirms 31 May 2013 1% VAT rise

The government has confirmed an Israeli VAT rise from 17% to 18% from 31 May 2013.  This follows approval in Cabinet.  The Israeli Value Added Tax rise was proposed in April 2013.

The rise follows an Israeli VAT increase from 16% to 17% in September 2012.  There had been a commitment to return the rate to 16%.  However, the worsening Israeli and global economic environment has mean that this has been withdrawn.

Foreign tourists will still be able to recover their VAT on local purchases, despite last minute attempts to remove the allowance.


VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.