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Netanyahu to review tax relief to returning Israelis

Prime Minister Benjamin Netanyahu ordered Head of the National Economic Council Professor Eugene Kandel to review possible ways of applying tax relief to returning Israeli citizens holding professions in demand.

 

During the cabinet meeting, Netanyahu said the economic crisis in the West allows Israel to encourage newcomers and Israeli expat to return. "Israel has managed to serve as an island of stability compared with the western countries; if we put this to good use we will upgrade human resources here," he added. (Avital Lahav)