Sheshinski C'tee: Oil, gas companies will pay 20-60% tax

By JPOST.COM STAFF
November 10, 2010 20:07

The state will not increase the royalties for oil and gas exploration companies, but instead will demand that they pay a tax between 20% and 60%, according the Sheshinski Committee's conclusions.

The conclusions were submitted to Finance Minister Yuval Steinitz.


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