Israel freezes Palestinian tax revenuesThe Israeli government retaliated against the Palestinian Authority on Saturday for its decision to join the International Criminal Court by withholding NIS 500 million in tax revenues which it collects for the Ramallah administration, Jerusalem Post reports.Following the terms of the Oslo Accords, Israel collects customs duties and taxes on behalf of the PA, which it then transfers to it every month.
The Israeli government retaliated against the Palestinian Authority on Saturday for its decision to join the International Criminal Court by withholding NIS 500 million in tax revenues which it collects for the Ramallah administration, Jerusalem Post reports.
Following the terms of the Oslo Accords, Israel collects customs duties and taxes on behalf of the PA, which it then transfers to it every month.