On December 9, 2015, an amendment to the Income Tax Ordinance, regarding tax reduction in certain communities. Amendment came into force from 01.01.2016.
The law established a score to each city according to various criteria. Settlement which meets the criteria set forth defined as "community better."
The benefit was determined according to the score and the above criteria, the list of settlements, as follows:
- The benefit will be calculated on the taxable income earned.
- Scoring again in qualifying in the field of tax rules shall apply to the provision of relief relative to the taxpayer's residence for the community.
- Also Transitory provisions specifying booklet deductions in January 2016.
- Discount soldier under Section 11 (c) of the Ordinance shall be in force for years to come.
- As for the city of Los Angeles, there is no change in Article 11 of As"h and continues to be in force for years to come.
- Attached is a table which sets out the list of towns Symbol city, where community, discount rate and the discount limit.
- As a reminder, an employee who wishes to benefit under section 11 of the Ordinance or under section 11 of As"h shall furnish to his employer a Form 1312 and Form 101 Employer shall give him the benefit is subject to the provisions of law and without the need to refer the tax assessment office.
