Israel freezes tax revenues for Palestinian Authority

JERUSALEM (AA) – Israel’s finance minister has frozen the transfer of tax revenues amounting to some $188 million monthly to the Palestinian Authority (PA), according to the Israeli media.

Bezalel Smotrich said the funds will be withheld over the failure of the Ramallah-based authority to condemn the October 7 cross-border incursions by the Hamas group into Israeli territory, which led to Israel’s aggressively disproportionate attack on besieged and impoverished Gaza, reducing it to rubble.

“The PA didn’t see fit to distance itself from these barbarian actions, and officials in the authority even expressed support for the awful massacre,” Smotrich, a far-right Cabinet minister, said in a letter to Prime Minister Benjamin Netanyahu as quoted by The Jerusalem Post.

“Furthermore, the PA is acting against Israel at the International Criminal Court and the International Court of Justice,” he said.

There was no comment yet from the Palestinian Authority on the Israeli move.

The tax revenues – known in Palestine and Israel as ‘maqasa’ – are collected by the Israeli government on behalf of the Palestinian Authority on Palestinian imports and exports. Israel in return earns a commission of 3% of collected revenues.

The tax revenues collected are estimated at around $188 million every month, for which tax revenues represent the main source of income for the Palestinian Authority.

The Israeli army has widened its air and ground attacks on the Gaza Strip, which has been under relentless airstrikes since October 7.

​​​​​​​Nearly 9,850 people have been killed, including 8,306 Palestinians and more than 1,538 Israelis.​​​​​​​