Classification of dealers for VAT purposes

types of dealers

  • Exempt dealer - turnover up to NIS 122,833
  • Licensed dealer - turnover above the ceiling
  • Non-profit (non-profit organization) - liable for payroll tax
  • Financial institution (banks, insurance) - liable for profit tax and payroll tax

Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.