A recent district court ruling broadened the interpretation of the statutory provisions governing exemptions from land appreciation tax and ruled that transfers of shares of a real estate association as a gift between...more
7/21/2025
/ Capital Gains ,
Capital Gains Tax ,
Family Members ,
Gifts ,
Israel ,
Real Estate Investments ,
Real Estate Transactions ,
Realty Transfer Taxes ,
Rules of Civil Procedure ,
Share Transfer ,
Tax Authority ,
Tax Exemptions ,
Taxation ,
Transfer Taxes ,
Value Appreciation
Owners of buildings designated for long-term rentals are entitled to significant tax benefits that are being granted in order to encourage the construction of buildings that include residential apartments earmarked for...more
5/6/2025
/ Affordable Housing ,
Apartments ,
Israel ,
Leases ,
Multi-Family Development ,
New Legislation ,
Real Estate Development ,
Rental Property ,
Residential Leases ,
Residential Property Owners ,
Tax Authority ,
Tax Benefits ,
Tax Incentives ,
Tax Rates ,
Tenants
The Israel Tax Authority (ITA) recently published an addendum to the 1987 circular  with the goal of minimizing disputes with sellers of residential apartments. The addendum contains procedures addressing instances when...more
Over the past year, alongside handling the economic repercussions of the war and issuing financial assistance to war victims and to evacuees, the courts, the legislative authority and the Israel Tax Authority continued their...more
10/10/2024
/ Amended Legislation ,
BEPS ,
Corporate Taxes ,
Income Taxes ,
Israel ,
Ministry of Finance ,
Multinationals ,
OECD ,
Property Tax ,
Tax Authority ,
Tax Rates ,
Tax Reform ,
Trusts ,
Value-Added Tax (VAT)
New immigrants to Israel who purchase a first residence will pay significantly lower purchase tax rates than the tax payable according to the current benefit, after the Knesset Finance Committee recently approved an amendment...more
The Tel Aviv Administrative Court recently ruled that the Israel Tax Authority (ITA) acted unlawfully and without authority when it deducted depreciation from the value of apartment purchases. This ruling applies to instances...more