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Israel, Palestinians Agree on Tax Revenue Transfer After Spat Over Utility Debts Deduction
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18.04.2015
The Palestinian president says he has reached an agreement with Israel in which tax revenues it collects for the Palestinians will be transferred following a three-month freeze. Mahmoud Abbas said Saturday that "there is an agreement; the money will be sent in full." Abbas initially rejected Israel's unfreezing of the tax funds because it included a deduction to settle debts incurred by his Palestinian Authority, including for unpaid utility bills. Israel typically collects taxes and customs on behalf of the Palestinians and then transfers the sums.
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