Category: Law & Taxation

damage to homes
Property Tax in Israel
Law & Taxation

Municipal tax reform rouses strong opposition among municipalities

A distortion in the current property tax system creates a negative incentive for municipalities to build apartments and is considered one of the main obstacles to resolving the housing crisis. A reform in the municipal tax structure seeks to encourage residential development and share commercial property tax revenues between municipalities. The planning and building committee...

Judicial Reform
real estate transaction in Israel
Law & Taxation

One simple move before signing on a real estate transaction in Israel that can save a lot of heartache and aggravation

Two recent rulings dealt with serious deception in residential real estate transactions in Israel. Although the homebuyers finally received compensation, it took many years of heartache and struggle, and in each case, a saga could have been avoided — In this article, Buyitinisrael brings to your attention pitfalls to be avoided when purchasing a home...

Purchase Tax Calculator
Law & Taxation

Purchase Tax Update: New thresholds in January 2023

Every year, during the month of January, the Israel Tax Authority publishes new thresholds for Mas Rechisha (Purchase Tax) according to the Central Bureau of Statistics Home Price Index for the previous year. The Mas Rechisha or Purchase Tax thresholds are updated annually, in mid-January, with consideration for the Home Prices Index of the previous...

property inheritance in Israel
rising interest rates
safe swimming pool
interest rates
Metro Law
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