Tax Cuts for Working Parents

April 7, 2008 - 4:30 PM by

8 days to tax-time deadline, U.S.-dwellers and overseas filers. Have YOU put your paperwork through yet?

In Israel it’s perpetually tax time, in’t it?

But working parents might soon get a wee break from “the man” if a court ruling meted out last week in Tel Aviv sticks. The ruling could mean reimbursements of up to 2/3 of day care costs.

According to this Jerusalem Post story , a self-employed lawyer filed NIS 115,000 ($32,000) in expenses to cover costs of daycare for her two children from 1999-2001. When the Tax Authority rejected her claim she took the case to court. And won.

“It is obvious that if not for the fact that I had to work and earn a living, I would prefer to spend my time with my children, at least until they had reached the age where I could send them to kindergarten, and then, too, I would have chosen to send them only for the minimum number of hours that the law requires, and not the long hours that they were forced to spend outside the home,” she wrote in her appeal.

The judge found in the claimant’s favor and if a Tax Authority planned appeal fails in Supreme Court, get out your receipts, ladies & gentlemen. Time to settle some fiscal matters.

Tags: • Category: Israeliness, Life, Politics 

Comments

One Comment on Tax Cuts for Working Parents

  1. David-Joe on Tue, Apr 8th 2008 1:03 AM

    2. In the US it is also always ‘tax time’, how?

    The imploding dollar undermines everything earned as prices rise and less is received for more, this is the result of inflationary monetary policy. Israel remembers this horror unlike today where its central bank governor Fischer has been feted by his international colleagues as “top banker’.

    I never thought it possible that the United States would find the same path that led to the economic problems of the 70′s early 80′s but then America turned its back on capitalism long before that. On the other hand Israel has never been very keen on capitalism at all!

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