Tax Authority has strongly demanded that the mass recruitment campaign for Benjamin Netanyahu must stop

Posted on Jan 19, 2022 by Ifi Reporter

Has the mass recruitment campaign for Benjamin Netanyahu become complicated? The Tax Authority has strongly demanded that "Section 46" be removed from the Netanyahu legal expenses financing campaign and as a result the section has been removed and the donations will not be recognized for tax purposes. This is how Yonatan Gottlieb reported this morning (Wednesday) on the campaign in which about NIS 3.5 million has been raised so far.
Section 46A of the Income Tax Ordinance stipulates that a person who donated in excess of NIS 190 to a national fund or public institution in a tax year, within the meaning of section 9 (2) determined by the Minister of Finance, with the approval of the Finance Committee, will be entitled to 35% , And the company - at the corporate tax rate of 23% for 2021.
Yinon Magal clarified: "Following the Netanyahu trial funding campaign and following the Tax Authority's request, Musari clarifies that any amount donated for it is used for the association's purposes: protecting human rights and correcting injustices according to Torah Yisrael and believing that man was created in the image of God through research, publication and struggle management. Public assistance to victims, education and information. "
Berla Crombie, one of the campaign leaders, wrote: "For a day all the studios talked about only one thing: the baboons who donate to Netanyahu. They coordinated messages: Netanyahu will not get the money. But it's over. We consulted with serious lawyers, there is no legal impediment. So we "We continue this campaign for one thing: that the right-wing leader will have no disgrace and will be able to continue to lead the country!"


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