The bank plans to issue bonds in Israel.
Israelis who buy bonds issued by the European Investment Bank (EIB) will not have to pay tax in Israel on their profits, after the Knesset Finance Committee today approved a Ministry of Finance directive, exempting the bank’s investments in Israel from tax.
Finance Ministry officials attending today’s session said that the EIB plans to issue bonds in Israel.
Published by Globes [online], Israel business news - www.globes.co.il - on January 15, 2007
© Copyright of Globes Publisher Itonut (1983) Ltd. 2007