TAXES ON INCOME (Tables)

12 Months Ended

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Profit Before Income Tax Expense (Benefit) Included In The Statement Of Operations

e.Profit before tax and taxes on income included in the consolidated statements of comprehensive income:

	Year ended December 31,
	2021			2020		2019
Income before income tax expense:
Israel		1,330			2,504		1,741
Foreign jurisdictions		172			175		129
		1,502			2,679		1,870
Current tax expense:
Israel		-			-		-
Foreign jurisdictions		57			38		32
		57			38		32
Deferred taxes (income) expenses:
Israel		(3,594	)		33		45
		(3,594	)		33		45
Income tax (benefit) expense, net		(3,537	)		71		77

Reconciliation Of The Theoretical Income Tax Expense To The Actual Income Tax Expense

A reconciliation of the theoretical income tax benefit, assuming all income is taxable at the statutory rates applicable in Israel, and the actual income tax expense, is as follows:

	Year ended December 31,
	2021			2020			2019
Income before income tax expense as reported in the consolidated statements of comprehensive income		1,502			2,679			1,870
Statutory tax rates		23	%		23	%		23	%
Theoretical tax expense calculated		345			616			430
Losses and other items for which a valuation allowance was provided (released)		(3,563	)		419			(38	)
Realization of carryforward tax losses for which valuation allowance was provided		(261	)		(692	)		(250	)
Tax benefit arising from "Preferred enterprises"		(93	)		(303	)		(109	)
Foreign tax rate differential in subsidiaries		17			(3	)		22
Non-deductible items and others		18			34			22
Total		(3,882	)		(545	)		(353	)
Income tax (benefit) expense		(3,537	)		71			77

Deferred Tax Assets And Liabilities

Deferred taxes reflect the tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and such amounts for income tax purposes. Significant components of the Company's deferred tax liabilities and assets are as follows:

	December 31,
	2021			2020
Deferred tax assets:
Net operating loss carryforwards (in Israel)		3,265			3,284
Capital loss carryforwards (in Israel)		2,549			2,485
Long-term tax receivables		-			1,171
Reserves and other		252			251
Total gross deferred taxes		6,066			7,191
Less valuation allowance		(2,549	)		(6,195	)
Deferred tax assets, net		3,517			996
Deferred tax liabilities:
Undistributed income of subsidiaries		(290	)		(263	)
Property and equipment		(677	)		(817	)
Total deferred tax liabilities		(967	)		(1,080	)
Net deferred tax assets (liabilities)		2,550			(84	)