Purchase tax calculation

Purchase tax is determined by steps, and each step has a different tax rate. For those who do not own an apartment and this is the only apartment they purchase – they will receive a significant ‘discount’ in the payment of purchase tax.
All the rest will pay purchase tax at a regular rate.

The tax is divided into four tax brackets.
Up to a certain amount, there is an exemption, beyond that amount until the next level pays 3.5%, and then 5%, 8%, and when the highest rate is 10%.
All the rest will pay 8% purchase tax from the first shekel and after a certain amount will pay 10%.

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Apartments in Israel
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Average price for a 4 room apartment in Tel Aviv
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Rise in the price index of input in residential construction from the year 1956 to 2021
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