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Personal Income Tax

Personal Income Tax (for both salaried workers and self-employed) is a progressive tax starting at 10% and increasing to a maximum of 48%.

Israel Income Tax for an Individual (2007)

Tax %      Income (Is)
10%         1 - 51,240
21%         51,241 – 91,200
29%         91,201 – 136,920
35%         136,921 – 195,560
36%         196,561 – 423,240
48%          423,241 and over

Sources: Israeli Ministry of Finance – Department of Capital Market, Insurance and Savings, Income & Property Tax Commission

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