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Wednesday, May 23, 2012
Knesset passes bill granting tax benefits to settlement donations
Bill initiator MK Zeev Elkin says
legislation meant to make amends for lack of institutional support for
settlement enterprise Moran Azulay
The Knesset plenum on Monday passed in second and third reading a bill to
amend the Income Tax Act, by which those who donate to settlements will enjoy
The initiator of the bill, Coalition Chairman MK Zeev Elkin (Likud), said that it aims to make amends for the lack of legislation that
supports the settlement enterprise, although the government declared it as a top
Organizations that wish to construct new mosques – like the Islamic
Movement or other charity groups that funnel money to Hamas – receive tax
breaks, while organizations that want to settle the Negev and Galilee fall
between the chairs," he said.
"The bill," MK Elkin explained, "wishes to make amends for this injustice."
According to the bill, donors will receive a tax credit of up to 35% of the
donation, in accordance with the tax ceiling stipulated in the Income Tax Act.
The vote was carried by 33 votes in favor and 13 votes opposed. The
opposition, along with several Kadima members voted against the bill, claiming it would perpetuate the
current situation in the West Bank.