Real estate taxation · Implementation Instruction
Addendum No. 1 to Real Estate Taxation Implementation Instruction 4/2011
Summary
As at its publication date (November 2019), the addendum changes the handling of a request to calculate betterment tax by way of spreading, as set out in Real Estate Taxation Implementation Instruction 4/2011. A request for spreading of the real gain filed with the annual return for the tax year in which the transaction took place, or after that return was filed, will be handled by the assessing officer, even if it is a first request, and will not be transferred to the Real Estate Taxation Director. A request filed with the Real Estate Taxation Director as part of the self-assessment, or as a request to amend an assessment as long as no annual income tax return has been filed, will be handled by the Real Estate Taxation Director, subject to the limitation period under section 85 of the Law.
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
- Implementation Instruction
- 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, Implementation Instruction 4/2011, "Addendum No. 1 to Real Estate Taxation Implementation Instruction 4/2011" (20.11.2019) [Hebrew]
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