TAXES ON INCOME (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule Of Reduced Flat Tax Rate [Table Text Block]

The following table summarise the reduced flat tax rate with respect to the income attributed to the Preferred Enterprise:

Tax Year	Development Region “A”	Other Areas within Israel
2011-2012	10%	15%
2013	7%	12.5%
2014 onwards	9%	16%

Summary of Income Tax Examinations [Table Text Block]

d.        Deferred income taxes:

	December 31
	2015			2014
	U.S. dollars in thousands
1)        Provided in respect of the following:
Research and development expenses	$	54		$	13
Carryforward tax losses		1,494			2,284
Other		187			182
Less- valuation allowance		(1,494	)		(2,284	)
	$	241		$	195

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

1)        As follows:

	Years ended December 31,
	2015			2014		2013
	U.S. dollars in thousands
Current:
In Israel	$	1,283		$	1,473	$	116
Outside Israel		99			94		71
		1,382			1,567		187
Taxes in respect of previous years		(52	)		-		107
Deferred taxes in Israel		(46	)		101		(157	)
	$	1,284		$	1,668	$	137

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

2) Following is a reconciliation of the theoretical tax expense, assuming all income is taxed at the regular tax rates applicable to companies in Israel (see c. above), and the actual tax expense:

	Years ended December 31,
	2015			2014			2013
	U.S. dollars in thousands
Income before taxes on income, as reported in the statements of operations*	$	6,302		$	7,151		$	2,322
Theoretical tax expense		1,670			1,895			581
Less - tax benefits arising from approved enterprise status, see a. above		(271	)		(401	)		(60	)
		1,399			1,494			521
Increase (decrease) in taxes resulting from permanent differences:
Disallowable deductions		42			22			60
Taxes in respect of previous years		(52	)		-			107
Changes in valuation allowance		(747	)		62			243
Changes in taxes resulting from computation of deferred taxes at a rate which is different from the theoretical rate and other		642			90			(794	)
Taxes on income for the reported years:	$	1,284		$	1,668		$	137
*    As follows:
Taxable in Israel	$	5,346		$	6,145		$	1,325
Taxable outside Israel		956			1,006			997
	$	6,302		$	7,151		$	2,322