The Personal Income Tax Rate in Israel stands at 50 percent. source: Israel Ministry of Finance Tax Authority

Personal Income Tax Rate in Israel averaged 48.50 percent from 2004 until 2019, reaching an all time high of 50 percent in 2013 and a record low of 45 percent in 2010. This page provides - Israel Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Israel Personal Income Tax Rate - values, historical data and charts - was last updated on November of 2020.

Personal Income Tax Rate in Israel is expected to reach 50.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Israel Personal Income Tax Rate is projected to trend around 50.00 percent in 2021, according to our econometric models.

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Israel Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
50.00 50.00 50.00 45.00 2004 - 2019 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 Personal Income Tax Rate
In Israel, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Israel.