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Israel: Bribes to Foreign Officials Not Tax Deductible

(Mar. 2, 2008) The Tel Aviv Yafo district court rejected an appeal against a decision by the Income Tax Authority of Israel not to recognize as a legitimate expense bribes paid to foreign officials to facilitate a business transaction in a foreign country. The appellant, an Israeli company, claimed that the amounts paid as the […]

Israel: Adjudication of Human Trafficking Offenses

(Mar. 2, 2008) On January 29, 2008, the Knesset (Parliament) of Israel passed an amendment to the Courts Law (Consolidated Version) 5744-1984. According to the amendment, defendants in human trafficking for prostitution trials will be prosecuted before a court of a single judge. The amendment was designed to alleviate the hardship caused to victims by […]

Israel: Prohibiting Commercial Activities in Schools

(Feb. 2, 2008) On December 25, 2007, the Knesset (Israel's Parliament) passed the Prohibition on Commercial Activities in Schools Law, 5768-2007. The Law prohibits any principal of an educational institution from allowing certain activities by business owners or advertisers on the institution's premises. Such activities include entry for the purpose of advertising and sale during […]

China; Israel: Cooperation Accord

(Feb. 2, 2008) On January 14, 2008, a memorandum of understanding was signed by Eli Yishi, Israel's Industry, Trade, and Labor Minister, and Chen Deming, his Chinese counterpart. The memorandum is designed to boost research cooperation and trade in agriculture, telecommunications, and water technology between the two countries. The ministers agreed, among other measures, to […]

Israel; Mercosur: Free Trade Agreement Signed

(Feb. 2, 2008) Following negotiations that began in 2005, on December 18, 2007, in Montevideo, Uruguay, the member states of MERCOSUR, the trade bloc that comprises Argentina, Brazil, Paraguay, and Uruguay, signed a trade agreement with Israel, the first non-Latin American country to sign this type of agreement with the bloc. Besides Israel, MERCOSUR has […]

Israel: National Library Law

(Jan. 2, 2008) On November 26, 2007, the Knesset (Israel's Parliament) passed a law that regulates the status, objectives, and roles of the National Library. The law states that the National Library is located in Jerusalem. Its objectives are the collection, preservation, cultivation, and dedication of general treasures of knowledge, tradition, and culture, as well […]

Israel: Increasing Participation in Workforce by Negative Income Tax

(Jan. 2, 2008) On December 18, 2007, the Knesset (Parliament) passed the Law for Increasing Participation in the Workforce and Minimizing Social Gaps (Negative Income Tax), 5768-2007. The Law provides special grants to a worker who has dependant children or who has reached 55 years of age at the end of the tax year. Excluded […]

Israel; Mercosur: Free Trade Accord to Be Signed

(Jan. 2, 2008) Delegations representing Mercosur and Israel held meetings in Geneva to negotiate a free trade accord that can be signed in early 2008. It will be the first accord signed between the bloc and a country outside Latin America. However, participants in the discussion said that there are still obstacles to be overcome […]

Israel: Authorization for Preservation of Telecommunication Data

(Jan. 2, 2008) On December 17, 2007, the Knesset (Israel's Parliament) passed the Criminal Procedure (Enforcement Authorities – Telecommunications Data) Law, 5768-2007. The Law authorizes the police to establish a database composed of technical data of telecommunications, telephone, and Internet transactions. The Law defines three ways in which the police could obtain such information: the […]

Israel: Duty to Label Computer Games

(Dec. 2, 2007) On October 29, 2007, the Knesset (Israel's Parliament) approved an amendment to the Protection of Consumers Decree, requiring that every computer game package be labeled in a way to indicate whether its content is suitable for minors who may play the game. The new decree incorporates the European classification system and will […]