VAT exemption for personal imports raised to $150 in Israel
While the EU and other jurisdictions have tightened rules and reduced tax- and duty-free allowances for low-value imports, Israel has chosen to ease the burden on consumers and simplify cross-border e-commerce. However, this raises new issues regarding whether the imports are intended solely for private use and not as part of business processes. This article explains the novelty of Israeli law and its consequences for those to whom these newly adopted rules apply.
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