Middle East Economic Survey

VOL. LIV

No 9

28-Feb-2011

israel

Netanyahu Backs Sheshinski Hydrocarbon Tax Recommendations

Israeli Prime Minister Benjamin Netanyahu on 21 February urged Knesset members of his Likud Party to vote in favor of recommendations made by the Sheshinski Committee that call for an increase in taxes levied upon profits made by hydrocarbon production. The committee, formed last year by the Ministry of Finance to evaluate Israels tax regime on hydrocarbon revenues,...