Real estate taxation · Circulars and Procedures
Handling a Request to Calculate Betterment Tax by Way of Spreading: Amendment of Implementation Instruction 4/2011
Summary
As at the date of its publication (November 2019), the notice updates the handling of a request to calculate betterment tax by way of spreading, in accordance with Supplement No. 1 to Real Estate Taxation Implementation Instruction 4/2011 published on 19/11/19. From that date, a request for spreading of the real gain that was submitted with the annual return for the tax year in which the transaction took place, or after it, will be handled by the assessing officer, even if it is a first request. A request submitted to the Real Estate Taxation Director as part of the self-assessment, or as a request to amend an assessment before an annual return was filed, will be handled by the Real Estate Taxation Director subject to the limitation period under section 85 of the Law, and the final assessment will be made by the assessing officer upon the filing of the annual return.
The summary was written by the office and reflects the instruction as of its publication date. The binding text is the official Hebrew publication, and the instruction may have been updated or affected by later legislation and case law. The English title and summary are an unofficial translation.
Publication details
- Type
- Circulars and Procedures
- Number
- 4/2011
- Publication date
- 20.11.2019
- Topics
- Betterment tax, Reporting and procedures
- Sections of the Law mentioned
- 85
Official document
Source: The publication on the Israel Tax Authority website (gov.il, Hebrew)
Suggested citation
Israel Tax Authority, Circulars and Procedures 4/2011, "Handling a Request to Calculate Betterment Tax by Way of Spreading: Amendment of Implementation Instruction 4/2011" (20.11.2019) [Hebrew]
Calculators on this site
Back to the guidelines databaseSearch the full text of all publications
This information is provided for convenience only and is not legal or tax advice. Check the current official text and the circumstances of the transaction before making a decision. See the terms of use.