Apartment purchase tax threshold raised to NIS 925,000

The purchase tax brackets have actually been lowered for second homes.

Hadas Magen 21 Jan 08 15:47

The new threshold on the purchase tax on apartments has been raised to NIS 925,000 from NIS 850,000. The other purchase tax brackets are unchanged from the previous adjustment: 3.5% on apartments costing up to NIS 1.3 million, and 5% on apartments costing more than this.
The purchase tax brackets have actually been lowered for second homes: 3.5% on apartments costing up to NIS 772,000, down from NIS 787,000; and 5% on apartments costing more than NIS 772,000.

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