Taxes in Israel
Many investors and tenants do not understand the tax implications of renting an apartment.
First, I will define what ‘income’ is as a taxpayer, what is fruitful income and what is capital income. I will then define what is active fruit income, and what is passive fruit income. After these definitions, I will go over the various routes regarding tax payments in respect of income from renting residential apartments.
And so, each taxpayer who owns a residential apartment will knew in a clear and simple way what his charges were and what routes he faces so that he could plan his steps wisely and carry out optimal tax planning for him.