Summary: On today's The Cost of Doing Business:The "trapped profits" scandal: following a last-minute effort on the part of the Israeli Tax Authority to retrieve unpaid corporate tax, the state collects more than expected. But is this truly a cause to celebrate? Did Israel lose 20 billion shekels, or gain 2 billion shekels? Meirav Arlozorov, Senior Business Columnist at TheMarker, scrutinizes this week's events.Israeli Chemicals (ICL) reports a 80% decline in quarterly profits, citing weakness and uncertainty in the potash market. Is the company facing two rough years of adjusting to lower potash prices? What to make of its planned dual listing at the New York Stock Exchange? Gil Bashan, Analyst at IBI, gives us the crack.Embattled billionaire Nochi Dankner brings in new and strange partners, in an effort to regain control of IDB and reclaim old glory. Who are these partners and what are his chances of success? Hagay Amit, Business Reporter for TheMarker, explains.New report by Israel's Central Bureau of Statistics reveals: Which is the best-paid city in Israel? Where does one earn more and spend less on housing? Yoel Finkel, Associate Government Statistician at CBS, will detail the data. Einat Paz-Frenkel, Real Estate reporter for Calcalist, shares her insight.And, of course: great music by Mark Lanegan, Rollins Band, Butthole Surfers and Faith No More
