Your Taxes: Grants available for tourism promoters

As reported by Leon Harris, at the Jerusalem Post, “The Tourism Ministry has just published the procedures for obtaining grants from the Inbound Tourism Organizers Fund. As its name suggests, this fund aims to support and expand inbound tourism into Israel in order to increase state revenues by providing ground arrangements in Israel for tourists from abroad.The fund offers grants of up to 50 percent of the actual outlays incurred on recognized marketing activities of inbound tourism organizers in the period from April 1, 2007 to March 31, 2008. The organizers are the commercial link in the chain who put together and market tourism packages in Israel for foreign tourists. The organizers must be Israeli companies whose principal activity is supplying travel agency services (as defined in the Travel Services Law 1976), which include services to foreign tourists.”This article is available in full text.

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