The relationship between the improvement levy and the praise tax
- Buying an apartment in Israel
- Improvement Levy
Just as in the eyes of a foreign resident the city plan and the ‘tabu’ are the same, in the eyes of many of us an appreciation tax and an improvement levy are the same because of the similarity in sounds, but they don’t have much in common except that both are paid by the seller.
And both are a type of tax arising from the improvement of the land, but this ends the resemblance between the improvement levy and the appreciation tax.