The total direct tax payments made by the top percentile households in Israel reached 37.2 billion Israeli shekels in 2021, some 9.8 billion U.S. dollars. This accounted for almost 10 percent of the overall tax revenue that year. Over the observed period, tax payments by the wealthiest one percent saw a steady increase, peaking in 2017, when their share reached 12.1 percent of the total tax collection. This spike can be attributed to a government decision to implement a one-time tax incentive to release "trapped" capital gains taxes.
Annual total direct tax payments and share of national tax revenue of the top one percent of earners in Israel from 2013 to 2021
(in billion Israeli shekels)
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Israel Tax Authority. (August 21, 2024). Annual total direct tax payments and share of national tax revenue of the top one percent of earners in Israel from 2013 to 2021 (in billion Israeli shekels) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1497633/israel-annual-tax-payments-of-top-percentile-earners/
Israel Tax Authority. "Annual total direct tax payments and share of national tax revenue of the top one percent of earners in Israel from 2013 to 2021 (in billion Israeli shekels)." Chart. August 21, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1497633/israel-annual-tax-payments-of-top-percentile-earners/
Israel Tax Authority. (2024). Annual total direct tax payments and share of national tax revenue of the top one percent of earners in Israel from 2013 to 2021 (in billion Israeli shekels). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1497633/israel-annual-tax-payments-of-top-percentile-earners/
Israel Tax Authority. "Annual Total Direct Tax Payments and Share of National Tax Revenue of The Top One Percent of Earners in Israel from 2013 to 2021 (in Billion Israeli Shekels)." Statista, Statista Inc., 21 Aug 2024, https://www.statista.com/statistics/1497633/israel-annual-tax-payments-of-top-percentile-earners/
Israel Tax Authority, Annual total direct tax payments and share of national tax revenue of the top one percent of earners in Israel from 2013 to 2021 (in billion Israeli shekels) Statista, https://www.statista.com/statistics/1497633/israel-annual-tax-payments-of-top-percentile-earners/ (last visited November 21, 2024)
Annual total direct tax payments and share of national tax revenue of the top one percent of earners in Israel from 2013 to 2021 (in billion Israeli shekels) [Graph], Israel Tax Authority, August 21, 2024. [Online]. Available: https://www.statista.com/statistics/1497633/israel-annual-tax-payments-of-top-percentile-earners/
