Welcome

Thank you for visiting paducahsun.com, the online home of The Paducah Sun.

Calendar
June 2012
S M T W T F S
27 28 29 30 31 01 02

Click here to submit an event.

Official: Israel to withhold Palestinian tax fees

BY ARON HELLER Associated Press

TEL AVIV, Israel - The Israeli government will stop transferring tax money to the Palestinians in retaliation for their recent drive for further United Nations recognition, an Israeli official said Thursday, putting at risk hundreds of millions of dollars needed to run their government.

The move marks Israel's toughest sanction yet since U.S.-brokered peace talks have faltered.

The Palestinians owe Israeli companies hundreds of millions of dollars for electricity, power and other services.

The Israeli official, speaking on condition of anonymity as he wasn't authorized to speak publicly, said Israel would deduct the Palestinian debt against its monthly transfer of tax money that it collects for the Palestinians.

Under interim peace accords, Israel collects taxes on behalf of the Palestinians and transfers about $100 million a month. Without it, the Palestinian Authority likely couldn't pay the salaries of its tens of thousands of employees.

The official did not elaborate on how much money would be withheld or how long it would be withheld.

Reacting to the announcement, Palestinian Labor Minister Ahmad Majdalani called the Israeli decision illegal and a political, rather than economic, move. He said the Palestinian Authority owes the Israel electric company alone some $400 million.

The decision is part of an escalating back-and-forth campaign since the talks helmed by U.S. Secretary of State John Kerry floundered.

Comments made about this article - 0 Total

Comment on this article

Your comment has been submitted for approval
captcha c6422cbb7055444d9bd196edcef318be
Top Classifieds
  • Horse Boarding available in La Center ... Details
  • Cash for Farms (270)339-8680 Details
  • HUGE TAGGED ESTATE SALE ESTATE OF JAM ... Details
  • Bedroom Suites New in Boxes. 6pc. che ... Details
  • PILLOW TOPmattress sets NEW in plasti ... Details
  • CHARLES SMITH CONCRETE REPAIR &RE ... Details
  • 375 Acre Farm in Ballard County D ... Details
  • Owner Financing, new 3000sq ft,in Mar ... Details
  • 5 Broiler Houses80 acres irrigated pa ... Details
  • FHA, USDA, VA & Conventional Loan ... Details
  • SEEING is believing! Don't b ... Details
  • Jaguar XJS-1989 $2,500/ Best Offer Go ... Details
  • 05 CHEVY MALIBU $2500(270) 388-5983 Details

Most Popular
  1. On televison
  2. Man injured in I-24 rollover
  3. McCracken earns home sweep of St. Mary
  1. Doctor promotes 'Commit to Quit'
  2. Single-vehicle collisioninvolves Paducah family
  3. Local surgeon pleads not guilty
  1. On televison
  2. Man injured in I-24 rollover
  3. McCracken earns home sweep of St. Mary
Discussion

Check out these recently discussed stories and voice your opinion...