Tax Authority to exempt salaries for int’l school teachers from taxes for a two-year period
EXCLUSIVE- Attention international school teachers. The Tax Authority has decided that it will exempt salaries for foreign international school teachers from taxes for a one-time period of two years, after which their salaries would be taxed, government sources tell Enterprise. The decision comes amid disagreements between the schools and the authority on the right to tax foreign school staff, which the schools — many of whom are incorporated abroad — say constitutes dual taxation. The compromise from the authority comes with a caveat: staff who hold a second job could see this tax exemption lifted. The authority has instructed international schools to send over their list of current foreign staff members who will benefit from the exemption, the sources added.