Government bill · 25th Knesset · published as law 22 December 2024

חוק לתיקון פקודת מס הכנסה (מס' 275), התשפ"ה–2024Law to Amend the Income Tax Ordinance (No. 275), 2024 · automatic translation · suggest a correction

Status: התקבלה בקריאה שלישית

Topics: Taxes* · * from the Knesset's official law classification

Official summary of the law (Knesset)

The Law establishes that the tax exemption rate on pension annuities will rise gradually over the years, so that in 2025 the exemption will stand at 57%, in 2026 at 57.5%, in 2027 at 62.5%, and from 2028 onward it will stand at 67%.

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Hebrew original

החוק קובע כי שיעור הפטור ממס על קצבה פנסיונית יעלה בהדרגה במהלך השנים, כך שבשנת 2025 יעמוד הפטור על 57%, בשנת 2026 על 57.5%, בשנת 2027 על 62.5%, ובשנת 2028 ואילך יעמוד על 67%.

Readings

Reservations, sections and other votes (32)

In order. Votes on reservations and individual sections are shown separately from the vote on the bill as a whole.

Source: bill page in the Knesset legislation database ↗

Law to Amend the Income Tax Ordinance (No. 275), 2024 · How the Knesset Votes