Tax
Tax Authority head: residential market weaker, data centers offset the drop in taxes
9 November 2026 · Based on Israel Real Estate Center
Shai Aharonovitz, head of the Israel Tax Authority, said at an urban renewal summit in Tel Aviv that real-estate taxes are expected to total more than NIS 20 billion this year. He also addressed the future of purchase tax (mas rechisha) for investors and estimated that extending the current 8% rate would face difficulties in the Knesset. He also called for ending the tax exemption on rental income.
What it means for buyers abroad
The purchase tax rate for investment properties may change, so buyers abroad should check the current rate with a tax adviser before signing. Rental income rules may also be reviewed.
Read the original article (Israel Real Estate Center, in Hebrew) ↗
