Israel agrees to unfreeze almost $500mn of Palestinian taxes

rt.com

Article Reprint

Israel has agreed to transfer taxes it has been withholding from the Palestinian Authority since December, according to the Palestinian prime minister. Israel started retaining taxes in response to Palestine’s decision to join the International Criminal Court. It will transfer the funds on Monday, but withhold a portion of the sum to offset electricity, water and health services it provides to Palestine. Under a 1994 economic agreement, Israel has been transferring customs duties to Palestine for the funds moving through its territory.

Article Appeared @http://rt.com/news/line/2015-04-18/#86453

Leave a Reply

Your email address will not be published. Required fields are marked *