Israel To Cut 176 Million USD From Palestinian Tax Revenues

Israel To Cut 176 Million USD From Palestinian Tax Revenues

JERUSALEM, Aug 1 (NNN-PNA) – Israel decided yesterday, to withhold 600 million shekels (176 million U.S. dollars) in tax revenues it has collected for the Palestinian Authority, to offset the latter’s compensation for “attackers” against Israelis.

The Israeli security cabinet voted to deduct in phases, the same amount from the tax revenues, as the Palestinian Authority has paid to the families of killed or wounded attackers, the state-owned Kan TV news reported.

Israel sees the stipends as “indirect support of terrorism” and charges, they “encourage” Palestinians’ attacks against Israelis. However, Palestinians say the stipends are welfare payments for families in need.

Israel collects a large proportion of tax revenues on behalf of the Palestinian Authority and transfers them to the latter on a regular basis.

In Jul, 2018, the Israeli parliament passed a law to deduct from tax revenues an amount equal to what the Palestinian Authority pays to families of prisoners.

The move is expected to increase tensions between Israel and the Palestinian Authority.

Israel seized the West Bank and the Gaza Strip in a 1967 war, and has since controlled or blockaded the two regions despite international criticism.– NNN-PNA  

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