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Personal Income Tax

Personal Income Tax (for both salaried workers and the self-employed) is a progressive tax starting at 10% and increasing to a maximum of 50%.

 

Israel Income Tax for an Individual (2016)

 

Tax %                     Income (ILS)


10%                        1 - 62,640
14%                        62,641 – 107,040
21%                        107,041 – 166,320
31%                        166,321 – 237,600
34%                        237,601 – 496,920
48%                        496,921- 803,520

 50%                        803,520 and over

 

*        An individual with taxable income exceeding NIS 800,000 within the tax year will be subject to an additional tax of 2% of taxable income in excess of NIS 800,000.