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Event Brief

Israel’s new war compensation system explained

A new law sets out how war compensation is calculated via the ITA system.
WHO: Israel Tax Authority (ITA)
WHAT: Accountants enter data into the ITA system to calculate war compensation under a new law.
WHEN: May 15, 2026 at 4:54 PM ET
WHERE: Israel
WHY: The new law establishes a war compensation calculation process using the ITA system.

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