Acquisition Tax Rates (Correct until 15 January 2008)

NOTE: Taxes are complicated. The table below is only an indication. Consult a property specialist to ascertain your potential tax liability before you buy.

Type of Property Acquired
	Apartment price in NIS	Rate of tax	Maximum amount payable in NIS
Sole Residential Apartment
Tax on the first	925,000	0.0%	0
Tax on the next	375,000	3.5%	13,125
Tax on the remainder		5.0%
Additional Residential Apartment
Tax on the first	787,000	3.5%	27,545
Tax on the remainder		5.0%
New Immigrant's Purchase
Tax on the first	1,187,840	0.5%	5,940
Tax on the remainder	1,187,840	5.0%