Business ‘arnona’

Taking stock of discounts for businesses.

By DAFNA SHEMER
October 17, 2018 18:15
1 minute read.
Breakdown of initial business Arnona charge in 2017

Breakdown of initial business Arnona charge in 2017. (photo credit: JERUSALEM INSTITUTE FOR POLICY RESEARCH)

 
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One of the proposals to remedy the Jerusalem Municipality budget crisis is to reduce the amount of arnona discounts for businesses.

The proposal focuses on nonresidential property tax and not, as examined in the past, on the residential arnona. The amount of discounts on residential property tax (NIS 350 million, or 27% of the initial charge) is higher than the discounts for businesses (NIS 277 m., or 19%).

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