The Tax Authority will postpone the implementation of the "Israel Invoices" program. The plan was supposed to go into effect on January 1, 2024, but was delayed by four months.
Fictitious invoices are one of the main tools for tax evasion in Israel. According to estimates they deduct billions from the state's revenues. The black money in Israel is NIS 300 billion, which is about 20% of the GDP. This money is used for criminal activities such as protection and the sale of drugs, as well as to finance terrorist activity.