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property tax

Apartment buildings in the Gonen neighborhood of Jerusalem, one of the most popular locations for Israeli investment properties, January 2020. (Hadas Parush/Flash90)
Property investors may lose tax breaks in real estate reforms
By Danielle Nagler
New proposals aim to reduce tax-exempt rental income for homeowners with more than one property and generate billions of extra shekels in state revenue
Modiin Mayor and Federation of Local Authorities chair Haim Bibas, left, speaks with Prime Minister Benjamin Netanyahu during a Rosh Hashanah toast event for municipal leaders at Airport City, August 30, 2018. (Flash90)
May 17, 2023, 1:21 pm
Veteran Netanyahu ally: Government ‘captive of extremists’ who will wreck Likud
In scathing attack, Modiin Mayor Haim Bibas says coalition ‘launched every move on the wrong foot’; criticizes judicial overhaul push, tax redirection plan
By Michael Bachner
Apartment buildings in the Gonen neighborhood of Jerusalem, one of the most popular locations for Israeli investment properties, January 2020. (Hadas Parush/Flash90)
February 16, 2023, 8:11 pm
Property investors may lose tax breaks in real estate reforms
New proposals aim to reduce tax-exempt rental income for homeowners with more than one property and generate billions of extra shekels in state revenue
By Danielle Nagler
A view of a construction crane in the southern Israeli city of Ashdod, on June 21, 2022. (Nati Shohat/Flash90)
January 30, 2023, 9:47 pm
Central bank urges higher residential property tax to alleviate housing crisis
Bank of Israel: Increase tax on housing, and cut it on land zoned for business and commerce, to help encourage residential construction
By Sharon Wrobel
United Torah Judaism chairman MK Rabbi Yitzchak Goldknopf in the Knesset, in Jerusalem, on December 13, 2022. (Yonatan Sindel/Flash90)
December 22, 2022, 1:28 am
Incoming housing minister reportedly split Jerusalem apartment into 5 without permit
Newspaper says United Torah Judaism’s Yitzchak Goldknopf is still registered as having some property rights at building in capital, though he claims to have transferred ownership
By ToI Staff
The Dormition church on Mount Zion in Jerusalem. (photo credit: Anna Kaplan/Flash90)
February 4, 2018, 1:50 pm
Jerusalem municipality freezes millions from UN, churches’ bank accounts
Mayor appears to drag international organizations into budget dispute with Finance Ministry, announcing city will collect NIS 650 million in property tax
By Michael Bachner
Built in 1990 across from the then-still-rundown Mamilla neighborhood, this enclosed community is Jerusalem's primary ghost town (Courtesy Wiki Commons)
December 30, 2015, 4:37 pm
Jerusalem doubles ‘ghost apartment’ taxes as housing costs soar
From 2016, property tax on empty homes will be twice the city’s current highest rate; mayor says this will aid young renters
By ToI Staff
A Palestinian farmer uses a handplow and a horse to work on his vinyard in the West Bank near the Jewish settlement of Efrat, on May 8, 2013. (Photo credit: Gershon Elinson/Flash90)
January 22, 2015, 11:52 pm
Settlers build synagogue on Palestinian land, bill owner
After petitioning court to have illegal structure removed from his land, Abdul al-Jaabari receives NIS 88,200 property tax bill
By Tamar Pileggi
The Dimona nuclear reactor as viewed from a satellite. (United States Government)
March 20, 2014, 1:00 pm
Dimona reactor in city tax kerfuffle
Municipality demands massive raise in property taxes from secretive facility
By Lazar Berman
Illustrative: A huge 2013 election campaign sign reading 'Bibi - Housing for the Wealthy. Shelly - Housing for Everybody' posted by the Israeli Labor Party underneath the Holyland complex in Jerusalem, a controversial luxury development that some estimate remains 40% to 60% empty during much of the year (photo credit: Flash90)
December 24, 2013, 6:06 am
In fight against Jerusalem’s ‘ghost apartments,’ taxes may not do the trick
Experts say most absentee owners would rather pay more than do what the housing-starved city wants them to: rent their empty homes to strangers
By Jessica Steinberg
A man walks through a cemetery in Jerusalem (photo credit: Nati Shohat /Flash90)
May 12, 2013, 9:16 pm
Finance ministry buries grave tax rumor
Families of the deceased will not foot the bill after re-introduction of property fees on cemeteries, Treasury says
By Stuart Winer
A man walks through a cemetery in Jerusalem (photo credit: Nati Shohat /Flash90)
May 12, 2013, 3:21 pm
Austerity measures to follow taxpayers to the grave
Ministers to vote on canceling tax exemptions for private burial plots
By Asher Zeiger
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