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Tax Funds

All articles tagged with #tax funds

international-relations1 year ago•2 min saved

Norway Facilitates Transfer of Tax Funds from Israel to Palestinian Authority

Norway has agreed to serve as an intermediary for the transfer of frozen tax funds collected by Israel and earmarked for the Palestinian Authority, preventing a financial collapse for the PA and enabling it to pay salaries and provide essential services. This temporary solution is critical for promoting stability in the region and ensuring the PA's legitimacy among its people. The portion of the revenue that Norway will keep equals the portion estimated for Gaza, and several Western countries, including the United States, also want the PA to play a role in the administration of the Gaza Strip.

via The Jerusalem Post|

#financial-stability #international-relations #israel

international-relations2 years ago•3 min saved

Israel Approves Transfer of Gaza Tax Funds to Norway for Palestinian Authority

Israel has approved a plan to divert tax funds collected for Gaza to Norway instead of transferring them to the Palestinian Authority (PA). This decision comes after an attack by Hamas fighters and is seen as a way for Israel to exert control and weaken the PA. The PA has rejected any deductions from the funds and called on the international community to intervene. The move has sparked internal friction within the Israeli government, with concerns about its impact on stability in the occupied West Bank.

via Al Jazeera English|

#gaza #international-relations #israel

international-relations2 years ago•0 min saved

"Israel Approves Transfer of Tax Funds to Palestinian Authority via Norway"

Israel's security cabinet has approved a plan to transfer the Palestinian Authority's tax funds through Norway, with the exception of National Security Minister Itamar Ben-Gvir. This decision comes after Israel previously decided to deduct PA tax funds intended for Gaza, citing concerns that the money would end up in the hands of Hamas and be used against Israel.

via Haaretz|

#international-relations #israel #norway

politics2 years ago•5 min saved

Israeli Cabinet Divided Over Tax Funds Transfer to Palestinian Authority, Excluding Gaza

The security cabinet of Israel has voted to transfer frozen tax funds to the Palestinian Authority (PA) but withhold those funds designated for Gaza, in an effort to support the PA as a more moderate force against extremists. The decision comes after a standoff between government ministers and is backed by security chiefs and Washington. The move will deduct funds intended for Gaza, as well as funds continuously deducted to offset money the PA pays to imprisoned terror convicts and their families. The decision is in contrast to Finance Minister Bezalel Smotrich's call to freeze the transfer of customs duties, accusing the PA of supporting Hamas.

via The Times of Israel|

#gaza #hamas #israel