NATLEX
Database of national labour, social security and related human rights legislation
Israel (193) > Social security (general standards) (24)
| Name: | Parallel Tax Law, 5733-1973 |
| Country: | Israel |
| Subject(s): | Administration and financing |
| Type of legislation: | Law, Act |
| Adopted on: | 1973 |
| Entry into force: | |
| ISN: | ISR-1973-L-36160 |
| Link: | https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=36160&p_lang=en |
| Bibliography: | Labour Laws, 1993-01, State of Israel, Ministry of Labour and Social Affairs, Department of Labour Relations, Jerusalem, Israel, pp. 256-262 |
| Abstract/Citation: | Provides that an employer shall, for every one of his employees who is a resident of Israel and for whom he is liable to pay National Insurance contributions, pay a parallel tax at a specified rate of the income of the employee. A self-employed persons shall himself pay the parallel tax. This does not affect the obligation of an employer to pay parallel tax for a former employee entitled to retirement pension. Where an employer is liable to pay parallel tax to a sick-fund for his employees under a collective agreement, contract of employment or any other agreement, the parallel tax he is liable to pay under this Law shall be deducted from such payment. |