חוק מיסוי מקרקעין (שבח ורכישה) (תיקון מס' 81 והוראת שעה), התשע"ה-2015Law on Taxation of Land (Unearned Increment and Acquisition) (Amendment No. 81 and temporary provision), 2015 · automatic translation · suggest a correction

Official summary of the law (Knesset)

The Land Taxation (Appreciation and Acquisition) Law (Amendment No. 81 and Temporary Provision), 2015 (hereinafter – the Amendment), passed its second and third readings on 22 June 2015, amends Section 9 of the Land Taxation (Appreciation and Acquisition) Law, 1963, and establishes higher purchase tax rates to be imposed on the purchase of a residential apartment that is not the sole residential apartment. The temporary provision that set higher tax rates and applied from 1 August 2013 to 31 December 2014 is now made a permanent provision, so that the fixed purchase tax rates starting in 2021 will be: up to 1,162,120: 5%, from 1,162,120 to 3,486,350: 6%, from 3,486,350 to 4,800,605: 7%, from 4,800,605 to 16,002,015: 8%, and above the value portion of 16,002,015: 10%. In addition, a temporary provision imposing higher purchase tax rates on the purchase of a residential apartment that is not the sole apartment, from 25 June 2015 to 31 December 2020: on the value portion up to NIS 4,800,605: 8%, and above the value portion of NIS 4,800,605: 10%.

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