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TAXES ON INCOME - TAX BENEFITS UNDER LAW FOR ENCOURAGEMENT OF CAPITAL INVESTMENTS (Details)
₪ in Millions
12 Months Ended
Dec. 31, 2017
ILS (₪)
Law For Encouragement Of Capital Investments, April 2005 Amendment  
Taxes on income  
Minimum required percentage of income derived from export due to amendment 25.00%
Tax exemption period (in years) 2 years
Income tax benefit period, limitation from Year of Election (in years) 12 years
Withholding tax rate for dividend recipient, if dividend distributed during the tax period or within twelve years thereafter (as a percent) 15.00%
Law For Encouragement Of Capital Investments, December 2010 Amendment  
Taxes on income  
Income tax rate under amendment for dividends distribution to individuals or foreign residents (as a percent) 20.00%
Tax Period 2014 and Thereafter | Law For Encouragement Of Capital Investments, December 2010 Amendment  
Taxes on income  
Income tax rate under amendment (as a percent) 16.00%
Income tax rate in development area A under the amendment (as a percent) 9.00%
Minimum | Law For Encouragement Of Capital Investments, April 2005 Amendment  
Taxes on income  
Tax benefit period (in years) 7 years
Income tax period after two years of tax exemption (in years) 5 years
Income tax rate based on foreign ownership (as a percent) 10.00%
Maximum | Law For Encouragement Of Capital Investments, April 2005 Amendment  
Taxes on income  
Tax benefit period (in years) 10 years
Income tax period after two years of tax exemption (in years) 8 years
Income tax rate based on foreign ownership (as a percent) 25.00%
Israel | Law For Encouragement Of Capital Investments, December 2016 Amendment  
Taxes on income  
Income tax rate on income derived from intellectual property 12.00%
Percentage of annual income derived from exports 25.00%
Maximum amount of revenue to be considered as PTE ₪ 10,000
Capital gains tax on intangible assets 12.00%
Cost of intangible asset purchased from foreign resident ₪ 200
Withholding tax rate for dividends paid from PTE income 20.00%
Withholding tax rate for dividends paid from PTE income to foreign resident company 4.00%