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Cabinet unanimously approves zero VAT plan


The goal is for the Knesset to approve the zero VAT bill for first-time homebuyers by September 1.

The cabinet today unanimously approved the zero VAT bill for first-time homebuyers of new apartments. The bill now goes to the Knesset Finance Committee and to the Knesset plenum. The goal is for the Knesset to approve the bill by September 1.

Published by Globes [online], Israel business news – www.globes-online.com – on June 22, 2014