Home United States USA — Financial New bill seeks to heavily tax foreign government-funded NGOs

New bill seeks to heavily tax foreign government-funded NGOs

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The bill would impose a maximum tax rate of 45% and strip the income-tax exemption from organizations who are primarily funded by foreign governments.
Likud MK Nava Boker submitted a bill that aims to impose heavy taxes on organizations that receive the majority of their funding from foreign governments. The bill would impose a maximum tax rate of 45% and strip the income-tax exemption from organizations which are primarily funded by foreign governments.
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