Treasury revenue from cars climbs to NIS 44b in 2021
With record new vehicle sales in Israel in 2021, purchase tax earned by the government on new cars in the first 11 months of the year amounted to NIS 10.8 billion, up 20% from 2020.
Cars brought on cargo ships, imported from abroad, seen parked at the port in the Southern Israeli town of Ashdod, before being transported away for sale. June 23, 2014.(photo credit: MOSHE SHAI/FLASH90)ByDUBI BEN-GEDALYAHU/ GLOBESUpdated:
