PA rejects tax funds deducted by Israel
The Palestinian Authority refused Israel’s transfer of deducted tax revenue funds in a bid to recover parts it had earmarked for Palestinian prisoners and families of victims in confrontation with Israel.
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The Palestinian Authority (PA) once again refused to accept the monthly transfer of tax revenues from Israel on May 2, after Israel deducted the portion earmarked for Palestinian prisoners and families of those killed in resistance activities before depositing the remainder in Palestinian banks in the West Bank.
This is the third month the PA has refused to receive the partial delivery of customs duties on goods imported into Palestine and collected by Israel on its behalf. These funds represent the largest part of Palestinian public revenues at around 700 million shekels ($196 million), after the deduction.