Beginning Monday, new prices on some alcoholic beverages in Israel will come down, while the cost of others will shoot up considerably.
Beginning Monday, prices on some currently low-cost alcoholic beverages in Israel will shoot up – while the cost of others will come down considerably. The changes will come about as part of a taxation reform to set Israel’s duty on alcohol more in line with other Organization for Economic Co-operation and Development (OECD) countries.
According to the new rules, duties and taxes will be levied based on the amount of alcohol in a bottle. Continue Reading »