Windfall tax, in this case, refers to a tax imposed on companies in Israel who experience excessive profits derived from the extraction of natural resources. It is designed to capture a portion of these gains for public benefit.
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Annual contributions to the Citizens of Israel Fund from taxation 2022-2023
In 2023, the value of deposits to the sovereign wealth fund of Israel, which were derived from windfall tax, reached million U.S. dollars. This marked an increase of some ** percent in tax contributions compared to the previous year. The fund began its operations in mid-2022, following the implementation of the tax, due to an increased profitability of companies producing natural gas.
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Citizens of Israel Fund. (May 20, 2024). Annual value of deposits from windfall tax to the sovereign wealth fund of Israel from 2022 to 2023 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /statistics/1551989/israel-annual-deposits-to-the-israeli-sovereign-wealth-fund/
Citizens of Israel Fund. "Annual value of deposits from windfall tax to the sovereign wealth fund of Israel from 2022 to 2023 (in million U.S. dollars)." Chart. May 20, 2024. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /statistics/1551989/israel-annual-deposits-to-the-israeli-sovereign-wealth-fund/
Citizens of Israel Fund. (2024). Annual value of deposits from windfall tax to the sovereign wealth fund of Israel from 2022 to 2023 (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /statistics/1551989/israel-annual-deposits-to-the-israeli-sovereign-wealth-fund/
Citizens of Israel Fund. "Annual Value of Deposits from Windfall Tax to The Sovereign Wealth Fund of Israel from 2022 to 2023 (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 20 May 2024, /statistics/1551989/israel-annual-deposits-to-the-israeli-sovereign-wealth-fund/
Citizens of Israel Fund, Annual value of deposits from windfall tax to the sovereign wealth fund of Israel from 2022 to 2023 (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1551989/israel-annual-deposits-to-the-israeli-sovereign-wealth-fund/ (last visited August 04, 2026)
Annual value of deposits from windfall tax to the sovereign wealth fund of Israel from 2022 to 2023 (in million U.S. dollars) [Graph], Citizens of Israel Fund, May 20, 2024. [Online]. Available: /statistics/1551989/israel-annual-deposits-to-the-israeli-sovereign-wealth-fund/
