The Keren Olam HaTorah fund announced Saturday evening that yeshivas that choose to omit students from their registration to avoid losing the tax-exemption clause under the Tax Authority's policy will continue to receive the fund's support. The fund said it will examine alternative ways to transfer budgets, according to a report by Shila Freed.
The Keren Olam HaTorah fund announced Saturday evening that yeshivas that choose to omit students from their registration to avoid losing the tax-exemption clause under the Tax Authority's policy will continue to receive the fund's support. The fund stated it will explore alternative methods to transfer budgets. The Tax Authority has recently sent letters to yeshivas regarding draft dodgers, threatening their tax-exempt status, and the state has urged the High Court to strip tax benefits from such institutions, a move that could save 430 million shekels annually, as The Zioneer reported. The fund's decision appears to offer a safety net for yeshivas that might lose state support, ensuring continued funding despite the regulatory pressure.
- StrongTax Authority sends letters to dozens of Haredi yeshivas: draft-dodging students will cost tax exemptions
- DevelopingShlomo Kokh reveals Olam HaTorah Foundation funds national-religious yeshivas
- DevelopingTax Authority to demand yeshivas declare draft-dodging students or lose tax breaks
- DevelopingState urges High Court to strip tax benefits from yeshivas housing draft dodgers — analysis reveals 430M shekel annual savings
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