Land Right under the Land TaxAtion Law
- Buying an apartment in Israel
There is no parallel in the definition of real estate in the Real Estate Taxation Law and the definition of real estate in the Real Estate Law.
For tax purposes, anything that is not connected permanently to the apartment may be considered movable property that is not part of the price of the apartment for tax purposes.
While the Real Estate Law has adopted the physical connection test, for the purposes of the Real Estate Tax Law it is advisable to adopt the intention test.