

Purchase Tax on Israeli Real Estate
Today we discuss one of the least-liked taxes for buyers of Israeli Real Estate – Purchase Tax. Its unpopularity among buyers is primarily caused by the fact that: (i) As a major tool in the “war” against house-price inflation, this tax can be extremely high in certain cases. (ii) The tax rates vary between the ‘status’ of the buyer. We will therefore lay out below the differing tax rates that are applicable, so that an