Israel Chemicals
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It is designed to ensure that all of Israel Chemicals' employees, regardless of their worldwide location, segment or subsidiary, benefit from the success of the company, a global group with a variety of production sites worldwide and sales on every continent
Circumstances change − like the price of potash, which rose from $80 per ton when Israel Chemicals was privatized to $1,600 today. Israel Chemicals derives its profits from this dramatic change. Should the state accept it as a given that past conditions must stay the same? The state can’t tie its own hands on taxation and fiscal conditions that are changeable.
four of Israel’s largest corporations – Teva Pharmaceutical Industries, Intel Israel, Israel Chemicals and Check Point – paid an effective tax rate of just 3.3%, while smaller businesses paid a corporate tax of between 13% and 20%.More quotes »
Around the web
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First natural gas, now Dead Sea minerals: Israel to set policy on natural resource royalties
this story is by An Israel Chemicals potash producing plant at the Dead Sea. Photo by Ofer Vaknin Finance Minister Yair Lapid announced on Monday the formation of a panel to review the government's tax and royalties policies for natural resources other t 6/17/13 from Haaretz Read more »
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UPDATE 1-Israel Chemicals challenges plan to review royalties
TEL AVIV, June 17 (Reuters) - Israel Chemicals, which has an exclusive permit to extract minerals from the Dead Sea, challenged a government proposal on Monday to review state policy on royalties. Eitan Sheshinski, an Israeli economist who played a leadi 6/17/13 from Reuters Mobile Read more »
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Israel Chemicals attacks Eytan Sheshinski
Several hours after the announcement by the Ministry of Finance that it is setting up a second Sheshinski Committee to examine royalties on all the country's natural resources, Israel Chemicals Ltd. (TASE: ICL) has already slammed the move and implied th 6/17/13 from Globes Online Read more »
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Israel Chemicals adopts $45m employee incentive plan
Israel Chemicals' (TASE: ICL) board of directors has approved a $45 million Long Term Incentive Plan for its 11,300 employees around the world. The plan covers all employees except managers who participate in the company’s option plan The plan enables em from Globes Online Read more »
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Phosphates workers ask Lapid to save industry
Employees of Israel Chemicals Ltd. (TASE: ICL) unit Rotem Amfert Negev Ltd. have asked Yesh Atid chairman and Minister of Finance Yair Lapid to intervene to save Israel's phosphates industry. Rotem Amfert workers committee chairman Moshe Hadad, on behalf from Globes Online Read more »
