From the Liveblog of
Monday, August 20, 2018
Economy minister says SodaStream acquisition won’t be a tax boon for state
Add ToI as a Preferred Source on GoogleAfter Prime Minister Benjamin Netanyahu says PepsiCo’s purchase of Israeli drink maker SodaStream for $3.2 billion will “enrich the state’s coffers,” Economy Minister Eli Cohen says the deal will not be a major boon for the tax collectors.
“The tax revenue from this specific deal won’t be high because we encourage companies to operate in the periphery at a low tax rate,” Cohen tells Isrel Radio.
“The state’s profit is that people get up in the morning for work, make a living honorably and don’t show up at the unemployment office,” he adds.
נותנים גז לתעשייה הישראלית!
עסקת הענק של פפסיקו וסודהסטרים, גאווה לתעשייה הישראלית והזדמנות לחיזוק הפריפריה הדרומית !
כלכלה חזקה = מדינה חזקה! ????????#sodastream pic.twitter.com/X4QEepR9Ro— אלי כהן | Eli Cohen (@elicoh1) August 20, 2018
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