Palestinian President rejects Israeli tax transfer after utility debts deducted

April 5, 2015 4:37 PM

4 0

JERUSALEM – Palestinian President Mahmoud Abbas has rejected an Israeli transfer of millions of dollars in tax revenue.

Abbas said he ordered the money returned Sunday because "they deducted one third" to pay for the utility bills it owes Israel. Palestinians are believed to owe millions of dollars for use of utilities and hospitals. Under existing agreements, Israel collects taxes and customs on behalf of the Palest...

Also read: Saudi's Kingdom Holding Q3 net profit slumps 38.3 pct

Read more

To category page