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TAXES ON INCOME (Tables) | 12 Months Ended
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Dec. 31, 2017
Income Tax Disclosure [Abstract] |
Profit Before Income Tax Expense (Benefit) Included In The Statement Of Operations |
Profit before tax and income tax expense (benefit) included in the consolidated statements of comprehensive income:
|  | Year ended December 31, |
|  | 2017 |  |  | 2016 |  |  | 2015 |
|  | US Dollars in thousands |
Profit (loss) before income tax expense: |  |  |  |  |  |  |  |  |
Israel |  |  | (3,701 | ) |  |  | (2,767 | ) |  |  | 1,038 |
Foreign jurisdictions |  |  | - |  |  |  | 200 |  |  |  | 206 |
|  |  | (3,701 | ) |  |  | (2,567 | ) |  |  | 1,244 |
Current tax expense (benefit): |  |  |  |  |  |  |  |  |
Israel |  |  | - |  |  |  | - |  |  |  | (3 | )
Foreign jurisdictions |  |  | 74 |  |  |  | 73 |  |  |  | 72 |
|  |  | 74 |  |  |  | 73 |  |  |  | 69 |
Deferred taxes: |  |  |  |  |  |  |  |  |  |  |  |
Israel |  |  | - |  |  |  | 1,085 |  |  |  | 149 |
Foreign jurisdictions |  |  | - |  |  |  | - |  |  |  | - |
|  |  | - |  |  |  | 1,085 |  |  |  | 149 |
Income tax expense |  |  | 74 |  |  |  | 1,158 |  |  |  | 218 |
Reconciliation Of The Theoretical Income Tax Expense To The Actual Income Tax Expense | A reconciliation of the theoretical income tax (expense) 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, |
|  | 2017 |  |  | 2016 |  |  | 2015 |
|  | US Dollars in thousands |
Profit (loss) before income tax expense (benefit) as reported in the consolidated statements of comprehensive income |  |  | (3,701 | ) |  |  | (2,567 | ) |  |  | 1,244 |
Statutory tax rates |  |  | 24 | % |  |  | 25 | % |  |  | 26.5 | %
Theoretical tax expense (benefit) calculated |  |  | (888 | ) |  |  | (642 | ) |  |  | 330 |
Other |  |  | 574 |  |  |  | (138 | ) |  |  | 36 |
Changed in liability for undistributed income of subsidiaries |  |  | 29 |  |  |  | 37 |  |  |  | 38 |
Change in valuation allowance |  |  | (80 | ) |  |  | (2,075 | ) |  |  | (92 | )
Increase in capital loss for tax purposes |  |  | 0 |  |  |  | 915 |  |  |  | - |
Change in effective on corporate tax rate |  |  | (49 | ) |  |  | (17 | ) |  |  | - |
Changes in deferred tax of carryforward losses due to sale of investment in previously consolidated subsidiaries: |  |  | - |  |  |  | 492 |  |  |  | - |
Tax benefit (expense) arising from "Beneficiating and Preferred enterprises" |  |  | 296 |  |  |  | 250 |  |  |  | (109 | )
Foreign tax rate differential in subsidiaries |  |  | 44 |  |  |  | 20 |  |  |  | 15 |
Total |  |  | 814 |  |  |  | (516 | ) |  |  | (112 | )
Income tax (expense) benefit |  |  | (74 | ) |  |  | (1,158 | ) |  |  | 218 |
Deferred Tax Assets And Liabilities | Deferred taxes reflect the tax effects of temporary differences were been 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, |
|  | 2017 |  |  | 2016 |
|  | US Dollars in thousands |
Deferred tax assets: |  |  |  |  |  |
Net operating loss carryforwards (in Israel) |  |  | 3,614 |  |  |  | 2,772 |
Capital loss carryforwards (in Israel) |  |  | 1,170 |  |  |  | 1,957 |
Severance benefits |  |  | 28 |  |  |  | 23 |
Provision for vacation pay |  |  | 218 |  |  |  | 202 |
Tax credit carryforward |  |  | 1,065 |  |  |  | 926 |
Allowance for doubtful accounts |  |  | 37 |  |  |  | 26 |
Total gross deferred tax assets |  |  | 6,132 |  |  |  | 5,906 |
Less valuation allowance |  |  | (5,256 | ) |  |  | (5,175 | )
Net deferred tax assets |  |  | 876 |  |  |  | 731 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Undistributed income of subsidiaries |  |  | (275 | ) |  |  | (197 | )
Fixed assets - differences in depreciation |  |  | (601 | ) |  |  | (534 | )
Total gross deferred tax liabilities |  |  | (876 | ) |  |  | (731 | )

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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
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