CHAPTER THREE "A": ISRAEL RESIDENT WHO STAYS ABROAD

Israel resident who stays abroad
67A. The Minister of Finance may, with approval by the Knesset Finance
Committee, make rules concerning the deductions and credits that will be
allowed an individual Israel resident who has income from personal exertion
that was produced or accrued abroad, including said income that was related
to a shareholder in a transparent company, as defined in section 64A1, and on
the tax rate applicable to the said income and to other income accrued to him
in the year in which he had the said income, all after considering especially the
length of time abroad, the fact that he was sent from Israel to produce the said
income and of the living conditions in the country in which that individual
stayed in order to produce the said income.