Israel Tax Authority Proposes New Tax on Outbound Flights
Translated & summarized from Kan News by baba
The Israel Tax Authority has proposed a new tax on flights leaving Israel, citing environmental concerns and expecting to raise 1.1 billion shekels annually. This proposal emerges as air travel costs are rising, with the CEO of Israir confirming potential acquisition talks for Arkia. There are also concerns that the conflict with Iran could further inflate summer flight prices.
The story in 5 lines · by baba
- Israel Tax Authority proposes new tax on flights departing Israel.
- The proposed tax is expected to generate 1.1 billion shekels annually.
- Environmental pollution from flights is cited as the reason for the tax.
- Israir's CEO confirmed the airline is considering acquiring Arkia.
- Concerns exist about rising flight prices due to the conflict with Iran.
The Israel Tax Authority is recommending the implementation of a new tax on flights departing from Israel. This type of tax, which exists in other countries, is justified by the pollution generated by air travel. According to the Tax Authority, such a levy is projected to generate approximately 1.1 billion shekels annually for state coffers if adopted.
This proposal comes amid discussions about the rising costs of air travel. The CEO of Israir has confirmed that the airline is considering the acquisition of Arkia, another Israeli airline.
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