Israel’s Chamber of Auditors Threatens to Take ‘Unprecedented Measures’

The Chamber of Auditors has issued a demand to the Tax Administration, calling for the postponement of the commencement of the pre-reservation of tax receipts for transactions exceeding NIS 25,000. According to their proposition, instead of the originally planned date, the new system should be implemented at the beginning of 2025.

This tax receipt reservation system has been designed with the primary goal of combating tax evasion and the issue of fictitious receipts. The way the system works is by not acknowledging receipts that do not bear a pre-reserved number during the process of writing off VAT. As per the original plan, this system was scheduled to be implemented on April 1, 2024.

The Chamber of Auditors has put forth an argument stating that there is a pressing need for the postponement of the system’s launch. They attribute this necessity to the ongoing war, which has left reservists and evacuees in a difficult position. These groups, whose businesses have already undergone significant hardship in the past four months, are now unable to deal with the additional bureaucracy that the new system would impose.

The Chamber of Auditors has issued a stern warning in their statement, indicating that if the decision to postpone the implementation of this system is not made, they will resort to taking unprecedented measures.