Israel says to transfer of frozen tax funds to Palestinians

April 18, 2015 12:15 PM

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Israel says to transfer of frozen tax funds to Palestinians

JERUSALEM/RAMALLAH, West Bank (Reuters) - Israel said on Saturday it would transfer $470 million of withheld tax revenues to the Palestinian Authority following talks between a senior Israeli military officer and Palestinian officials.

In December, Israel began withholding around $130 million per month of taxes it collects on behalf of the Palestinians after the Palestinian Authority announced it was joining the International Criminal Court (ICC).

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