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    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.