Internal Affairs Minister Yishai: VAT on luxury produce

"Unfortunately, the weaker levels barely know what these fruits even look like in pictures, let alone how they taste, " said Yishai. Lilach Weissman25 Jun 09 12:38 Deputy Prime Minister and Minister of Internal Affairs Eli Yishai proposed to impose a higher VAT rate on "luxury" fruit and vegetables, as an alternative to charging VAT on all produce. Yishai's proposal will impose VAT on items such as lychees, papaya, and passionfruit. Under his plan, the VAT rate on those items would be higher than the Treasury proposed to charge on all fruits and vegetables. Article continues after advertisements... [read full story]                    

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