Wednesday, April 29, 2015
Israel says to transfer frozen tax funds to Palestinians
Reuters : Israel said on Saturday it would transfer $470 million of withheld tax revenues to the Palestinian Authority following talks between a senior Israeli military officer and Palestinian officials.
In December, Israel began withholding around $130 million per month of taxes it collects on behalf of the Palestinians after the Palestinian Authority announced it was joining the International Criminal Court (ICC).
Israel had condemned the Palestinian move to join the ICC, saying it was a unilateral step that undermined prospects for a negotiated peace settlement.
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