Reserve Service Law (Amendment – Reducing the Tax Rate on Compensation for Reservists) Bill
Translated from Hebrew: הצעת חוק שירות המילואים (תיקון - הפחתת שיעור המס שחל על תגמולים למשרתי מילואים)
TL;DRA bill to reduce the income tax rate on reservists' compensation from 25% to 10%.
Translated from Hebrew
What does the bill do?
The bill provides that compensation for reservists, as defined in the Reserve Service Law, will be subject to income tax at a rate of 10% instead of the current 25%. The explanatory notes state that a significant share of reservists are young people (aged 21-30) with low income, and in the current situation the 25% tax rate that applies to them is higher than the tax rates on other income at a similar income level. The bill is meant to improve the economic situation of this group and to create equal treatment between reservists and the general population.
The votes on this bill
Coalition 72 seats
Opposition 48 seats
Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown