Law Firm ILN-telligence Podcast | Episode 34: Gil Rosen | Joseph Shem Tov & Co. | Israel
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
An Israeli Supreme Court ruling has overturned a district court decision and determined that registering a roof under the ownership of a particular apartment (thereby removing it from the common property) and consenting to...more
Judge Yardena Seroussi recently handed down a new ruling in a case deliberated by the Real Estate Tax Appeals Committee on the taxation of luxury apartments. The Appeals Committee deliberated the question of the entitlement...more
As a result of skyrocketing housing prices in Israel, a number of major legislative amendments are being enacted to regulate pinui-binui (vacate-and-build) projects. The legislature announced that the purpose of these...more
Last week, the Israeli Ministry of Finance approved the outline for a hike to the purchase tax imposed on real estate investors, once again, to tax brackets of 8% and 10%. The ministry’s goal is to “dissuade” investors from...more
Developers and entrepreneurs often market apartments for sale using glossy prospectuses and state-of-the-art simulations that purport to represent to the buyer the apartment they are about to purchase. Sometimes, though,...more