The Tax Authority will not recognize the funds donated to finance Netanyahu’s trial as tax purposes – so the funds will not be cleared from the tax payment. The organizer of the campaign, the media man Yinon Magal, clarified: “Any amount donated for it is used for the purposes of the association – protection of human rights and redress of injustices according to the Torah of Israel”
The money donated to Netanyahu’s legal funding campaign will not be taxed, according to a publication by journalist Jonathan Gottlieb, in light of a demand from the tax authority.
After the crowdfunding campaign began for the former prime minister, the tax authority turned to the accountant of the “Mussari” association, which manages the campaign’s funds, and demanded that he not grant receipts to donors under section 46.
CPA Erez Orad, Senior Director of Public Institutions and Non-Profit Organizations, sent to CPA “Mussari”: Article 46 for Campaign Contributions. “
Following the requirements of the Tax Authority, section 46 of the donations for the Netanyahu trial campaign was removed, so that from now on the donations will not be recognized for tax purposes. In addition, the Tax Authority demanded that the “Moral” association refine the association’s goals.
Following the demand, Yinon Magal posted this tweet this morning: “Following the Netanyahu trial funding campaign and following a request from the Tax Authority, Musari clarifies that any amount donated for it is used for the association’s purposes – protection of human rights and redress of injustices according to Torah Yisrael and This is done through research, publication and the management of public struggles, assistance to the victims, education and information. “
Musari said: “As we have made clear throughout the campaign the campaign will be done legally and in accordance with the law. After a conversation with tax authority officials it was agreed that current campaign donors will not be eligible for tax benefit. We will continue to follow relevant law.