Israel is being urged to overhaul its "outdated and complex" tax system and replace it with a simpler, more efficient "flat tax" system that will boost economic growth, increase state income and lead to a rise in direct foreign investment.
"Israel cannot afford to be without an efficient, fair and simple tax system," said economist Shahar Shlush, a "Koret Fellow" and the author of an international tax study released by the Koret-Milken Fellowship Program ahead of next week's Koret-Milken Conference on Economic Development. For the full article, click on the link below...
http://www.jpost.com/servlet/Satellite?cid=1192380746408&pagename=JPost%2FJPArticle%2FShowFull
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