Arrangements on taxation and transfer of goods between Israel and the PA
Netanyahu: „The arrangements that have been formulated constitute part of our declared policy of supporting Palestinian society and strengthening its economy.”
Finance Minister Yuval Steinitz and Palestinian Authority Prime Minister Salam Fayyad, this evening (Tuesday, 31 July 2012), agreed on arrangements regarding taxation and the transfer of goods between Israel and the PA.
Prime Minister Benjamin Netanyahu issued the following statement on the agreement:
„The arrangements that have been formulated constitute part of our declared policy of supporting Palestinian society and strengthening its economy. I hope that the arrangements will assist in advancing our relations with the Palestinians in additional areas.”
Finance Minister Steinitz: „The cooperation between our two tax authorities will assist in fighting tax evasion, in increasing the revenues of the Palestinian Authority from the proper collection of taxes and in reducing illegal trade.”
PM Fayyad: „These arrangements will also improve the economic relations between the Palestinian Authority and Israel.”
