October 31, 2023

Israel to Hold PA Tax Revenue

Jack Chen

Israel’s finance minister told Netanyahu: I will not transfer the tax money to the Palestinian Authority this month in light of its support for the Hamas massacre and its appeal to The Hague. Demands an urgent cabinet discussion on the issue.

Clarification: Due to the PA's lack of statehood status, Israel is responsible for collecting customs duties and other tax revenues on its behalf. It transfers them to Ramallah on a monthly basis, providing funds that amount to nearly 65 percent of the Palestinian annual budget, which is roughly NIS 18 billion ($5.27 billion).

The Palestinian Authority has for decades provided financial compensation and other benefits to families of terrorists jailed in Israeli prisons and "martyrs” killed while carrying out attacks against Israelis. These payments cost the PA more than $300 million annually, at 8% of its budget.

Posted by: Timothy Birdnow at 11:37 AM | Comments (3) | Add Comment
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Posted by: Adalle at November 15, 2023 02:25 AM (jWIqV)

2 This article sheds light on the complex financial dynamics between Israel and the Palestinian Authority. The decision to withhold tax revenue underscores the political tensions at play. The mention of KinitoPET highlights the significant financial burden imposed by compensating families of convicted terrorists.

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