The businesses in the Gaza Strip that did not operate last week due to the security escalation in the south will be compensated according to mechanisms in the existing legislation, the Tax Authority responded today to an inquiry by Israel Hayom.
Defense Minister Gantz during a visit to the Iron Dome battery: "We have foiled and will continue to foil many terrorists" // Video credit - Nicole Leskavi, Ministry of Defense
Following the traffic restrictions imposed in the surrounding area since Tuesday, many businesses were shut down and suffered financial losses.
The property tax law, the compensation fund and the property tax regulations allow for compensation mechanisms according to the existing legislation according to the following specifications:
Damages in the field of agriculture: agricultural
areas located within a range of up to 7 km from the Gaza Strip, which the farmer was prevented from reaching following the instructions of the security forces, the right to compensation includes loss or the prevention of profit from the first moment.
Damages in industrial
plants: Industrial plants that are located in settlements that were closed following the instructions of the security forces are entitled to compensation is:
Damage caused by spoiled materials - the loss or loss of profit caused from the first moment.
Other damage (loss of income, loss of production, etc.) - the loss or loss of profit, provided that the damage was caused by a production stoppage of more than 24 hours.
Damages in a hotel, boarding house, rest house, guest house or tourist site:
in businesses that are located in settlements that were closed following the instructions of the security forces - the right to compensation includes the loss or the prevention of profit, caused from the first moment.
Damages to joy halls, event gardens or cultural and leisure institutions:
in businesses that were closed following the instructions of the security forces that are in the communities that were closed - the right to compensation is:
Regarding damage caused due to the cancellation of an event due to a restriction imposed by the security forces, which was supposed to take place in the first 24 hours since the restriction was imposed - loss or loss of profit due to the cancellation.
Regarding other damage - (cancellation of events over 24 hours, loss of income, etc.) - loss or prevention of profit, provided that the damage was caused by an interruption of activity for more than 24 hours.
Damages in the field of restaurants:
in restaurants located in settlements that were closed following the instructions of the security forces, the right to compensation is:
Regarding damage caused by spoiled raw materials - the actual damage from the first moment.
Regarding other damage (loss of income, etc.) - it will be given after an interruption of activity for more than 24 hours.
Damages to businesses in the field of trade and services:
businesses located in settlements that were closed following the instructions of the security forces will be entitled to loss compensation or profit prevention, provided that the damage was caused due to an interruption of activity for more than a week.
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