חוק מיסוי מקרקעין (שבח ורכישה) (תיקון מס' 93), התשע"ח-2018Law Land Taxation (Appreciation and Acquisition) (Amendment No. 93), 2018 · automatic translation · suggest a correction

Official summary of the law (Knesset)

This law passed its second and third readings on 25 June 2018. This amendment establishes that when an apartment is purchased as part of a purchasing group and its construction has not yet begun within four years of the purchase date, or if the Director of the Tax Authority is convinced that there is a substantial delay in completing its construction, or if possession of the apartment is not delivered within 6.5 years, the purchaser may purchase an additional apartment at the reduced purchase tax rates applicable to a purchaser of a single apartment or a person upgrading housing, provided that the apartment purchased in the purchasing group is their only apartment. The purchaser also undertakes to sell the apartment purchased as part of the purchasing group within 18 months from the date of completion of its construction.

automatic translation · suggest a correction

Sponsors

Uri Maklev, Moshe Gafni, Yaakov Asher