Real Estate
When is purchase tax due?
Within 60 days of signing the purchase contract (Section 90A of the Land Taxation Law). The purchase tax declaration is due earlier, within 30 days of signing (Section 73). Late filing or payment triggers interest, linkage and penalties.
From the full guide: Purchase Tax (Mas Rechisha) for Foreign Buyers in Israel
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Get a Free Consultation with Adv. Eli ShimonyPrepared under the direction of Adv. Eli Shimony, Eli Shimony Law Office · Editorial policy
Get a Free Consultation with Adv. Eli ShimonyPrepared under the direction of Adv. Eli Shimony, Eli Shimony Law Office · Editorial policy