Real Estate Taxation (Capital Gains and Purchase) Law (Amendment – Purchase Value) Bill
Translated from Hebrew: הצעת חוק מיסוי מקרקעין (שבח ורכישה) (תיקון - שווי רכישה)
TL;DRThe bill changes the definition of 'residential apartment' for purchase tax so that it includes a real estate right for which the buyer committed to sign a construction agreement.
Translated from Hebrew
What does the bill do?
The bill adds a paragraph to the Real Estate Taxation (Betterment and Purchase) Law stating that a real estate right designated for a residential apartment will be considered a residential apartment for purchase tax purposes, if the buyer committed, upon signing the agreement, to sign an agreement for construction services. In addition, the bill states that the value of the right sold will be the value of the real estate right plus the value of the construction services the buyer committed to.
The votes on this bill
Coalition 62 seats
Left the coalition 14 seats
Opposition 44 seats
Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown