The Corporate Tax Rate in Israel stands at 23 percent.

Corporate Tax Rate in Israel averaged 28.38 percent from 2000 until 2020, reaching an all time high of 36 percent in 2001 and a record low of 23 percent in 2018. This page provides - Israel Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Corporate Tax Rate - values, historical data and charts - was last updated on October of 2020.

Corporate Tax Rate in Israel is expected to reach 24.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Corporate Tax Rate is projected to trend around 24.00 percent in 2021 and 23.00 percent in 2022, according to our econometric models.

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Israel Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
23.00 23.00 36.00 23.00 2000 - 2020 percent Yearly

Israel Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 23.00 23.00 36.00 23.00 percent [+]
Personal Income Tax Rate 50.00 50.00 50.00 45.00 percent [+]
Sales Tax Rate 17.00 17.00 18.00 15.50 percent [+]
Social Security Rate 19.60 20.00 20.00 9.70 percent [+]
Social Security Rate For Companies 7.60 8.00 8.00 5.40 percent [+]
Social Security Rate For Employees 12.00 12.00 12.00 9.70 percent [+]

Israel Corporate Tax Rate
In Israel, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Israel.