2025 Israeli Real Estate Tax Reforms: What they mean for you
The Israeli real estate market is set to experience significant shifts in 2025 as the government rolls out a series of tax reforms to address...
Category: Law & Taxation
Resale market prices to rise and combination deals to face complications: The far-reaching implications of the upcoming VAT increase
Adding to the real estate sector turbulence—including interest rate hikes, war, and labor crises—the industry will face another challenge starting January 1, 2025: an increase...
Knesset Finance Committee approved extension of 8% purchase tax rate on investors until end of 2026
The committee, headed by MK Moshe Gafni, approved today (Monday) the Treasury’s request to extend the high purchase tax rate (for investors), which was set...
Tax Authority: Parents of a disabled person are eligible for a discounted purchase tax for buying an additional apartment, provided it is used by the disabled person
The tax relief published by the Tax Authority includes an option for parents of a minor to purchase an apartment in their name with a...
Upcoming Changes in the Real Estate Sector: Treasury Set to Raise Purchase Tax and Capital Gains Tax
Nimrod Bossu, Nadlan Center According to the draft bill published, the purchase tax brackets, updated annually based on the index, will be frozen from 2025...
Quick procedure for Betterment Levy up to NIS 90,000: The Interior Committee approved the “Agreed Assessment” bill
The proposal is now expected to move forward for approval in the second and third readings in the plenary. The law aims to allow taxpayers...
Legislation update: Lower than ever Purchase Tax for those making Aliyah
The Knesset Finance Committee approved an amendment to the regulations for real estate taxation yesterday, resulting in an increased ceiling of the reduced purchase tax...
Law to install electric vehicle charging stations without consent of neighbors approved on first reading
According to the proposal formulated by the Ministry of Justice and submitted by Minister Levin, a charging station can be connected to an apartment’s electricity...
Government proposes reduced Purchase Tax for new immigrants
According to the joint initiative of the Ministries of Finance and Absorption, immigrants who purchase a home in Israel will be exempt from Purchase Tax...
Ministry of Finance intends to significantly increase Israel real estate tax for investors and foreign buyers
Two legislative amendments in the field of Israel real estate tax do not bode well for investors and foreign residents. Firstly, the Ministry of Finance...