Purchase tax on an apartment: how is it calculated and when is it reported?
Purchase tax in a 30-second video
Video transcript
Purchase tax is calculated in brackets on the value of the apartment, and a sole apartment is taxed differently from an additional apartment. The transaction is reported to the Israel Tax Authority within 30 days of signing, and the report is filed by the lawyer acting on the transaction. It is worth calculating the tax before you commit to a price, using the purchase tax calculator on this site.
The full explanation: Purchase tax 2026: brackets, reliefs and costly mistakes. Purchase tax is the largest incidental expense in buying an apartment, and it is determined by only two variables: the value of the apartment and the number of apartments you own. Both of these variables can be planned.
The video is embedded from YouTube in privacy-enhanced mode. Watch on YouTube
Not sure the deal is safe? Let's start with a conversation
In an initial conversation we will go over the property, the other party and the payment schedule, and tell you what needs to be checked before you sign.