Foreign workers’ levy repealed — How does it effect you? - opinion
The foreign workers levy was a payroll tax over and above income tax and national insurance. Now this levy won’t apply starting with the January 2022 payroll.
Approximately 170,000 Americans live in Israel. In total, more than one million U.S. citizens and green card holders – who both live overseas and own more than 10% of a foreign corporation – faced the prospect of paying the tax.(photo credit: REUTERS)ByLEON HARRIS