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November 12, 2012       Share:    

Source: http://news.yahoo.com/israel-says-close-cash-tap-palestinians-seek-u-222639642.html

Israel to Stop Collecting Taxes for PA If It Seeks UN Statehood

(Reuters) Ori Lewis - "If the Palestinians continue to advance their unilateral move [at the UN], they should not expect bilateral cooperation. We will not collect their taxes for them and we will not transfer their tax revenues," Israeli Finance Minister Yuval Steinitz said on Saturday. "It cannot be that they hit us unilaterally and then expect bilateral cooperation with us on economic matters." Interim peace deals task Israel with collecting taxes and customs duties on the Palestinian Authority's behalf amounting to around $100 million a month on goods imported into the Palestinian territories.

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