Tax Commissioner: 2006 will be a record year for state revenue

In the first 10 months of 2006, state revenue from taxes reached more than NIS 147 billion, compared to more than NIS 133.4 billion in the same period of 2005
 
Speaking last week at a conference for the association of tax consultants in Eilat,tax Commissioner Jacky Matza said that 2006 will be a record year for state revenue from direct and indirect taxes.
 
According to Matza in the first 10 months of 2006, state revenue from taxes reached more than NIS 147 billion, compared to more than NIS 133.4 billion in the same period of 2005. Such an increase, Matza noted, was without precedent in the history of the state.
 
Speaking about the aftermath of the second Lebanon war Matza said that the Compensation Fund had reimbursed northern residents with well over NIS 8 billion in direct and indirect damages from the war. Over 25,000 families in the North suffered direct property damage, and over 1,000 residents had to be housed in hotels.