In the case of Chaim Keren v. the Gush Dan Assessment Officer, the Supreme Court rejected Mr. Keren's appeal of the judgment which held that a plaintiff who receives compensation pursuant to a judgment approving a settlement agreement in a class action, can be taxed on that income. The Court held that the plaintiff's award is like income of a commercial nature. Therefore, it can be taxed in accordance with law, and deducted or offset like any other income.
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