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purchase tax

A man recharges his electric car at a charging station in Katzrin in the Golan Heights, January 21, 2025. (Michael Giladi/Flash90)
December 10, 2025, 4:22 pm
Knesset committee rejects Treasury bid to hike electric vehicle purchase tax to 52%
In January this year, the tax rose from 35% to 45%, resulting in a sharp drop in EV purchases, according to the Energy Ministry
By Sue Surkes
Indian builders work on a construction site in Tel Aviv on December 15, 2024. (Menahem KAHANA / AFP)
January 22, 2025, 7:06 am
As war fears subside, real estate experts debate how high prices will soar in 2025
Demand from Israelis and foreign investors more than outmatches available homes even as prices rose nearly 8% in 2024, building costs jumped and construction labor remains scarce
By Zev Stub
Construction of new residential buildings on Allenby Street in Tel Aviv, May 21, 2023. (Miriam Alster/FLASH90)
August 6, 2024, 7:06 pm
Israel improves tax breaks for new immigrants to help first-time homebuyers
Tax changes seek to lower the costs for new immigrants on first-home purchases worth up to NIS 6 million, while cooling demand for investors to bring down housing prices
By Sharon Wrobel
Finance Minister Bezalel Smotrich leads a Knesset faction meeting of his far-right Religious Zionism party, July 10, 2023. (Chaim Goldberg/Flash90)
August 8, 2023, 10:07 pm
Fiscal deficit swells to 1% as tax income drops and government expenditure grows
Figures show government spending has increased 6.8% since the start of the year, while state income from taxes fell 4.3% year-on-year, led by sharp drop in real estate taxation
By Sharon Wrobel
Illustration: A housing construction site. (Hadas Parush/Flash 90)
August 10, 2015, 3:27 am
June marks all-time high for property buying in single month
Israelis raced to purchase some 16,000 properties ahead of the Finance Ministry tax hike on second homes
By ToI Staff
Finance minister and leader of the Kulanu party, Moshe Kahlon, at the opening meeting of the Finance Ministry in Jerusalem, May 18, 2015 (Hadas Parush/Flash90)
June 24, 2015, 12:48 am
Kahlon moves up homebuyer tax hike, thwarts investors
Finance Ministry surprises with Tuesday night bump in purchase tax on second homes
By Judah Ari Gross
Finance Minister Moshe Kahlon at the Prime Minister's Office in Jerusalem on June 8, 2015. (Yonatan Sindel/Flash90)
June 21, 2015, 6:51 am
Bid to make housing affordable sends buyers scrambling, but will it work?
Finance Minister Kahlon’s purchase tax hikes go into effect on July 1, so there’s a rush to get deals done by then. But experts aren’t sure his plan will really help first time buyers
By Judah Ari Gross
Illustrative photo of new cars at the port of Eilat on their way to being sold in Israel, July 2009. (photo credit: Yossi Zamir/Flash90)
From the WebFebruary 7, 2013, 9:58 am
Treasury seeks to raise car taxes
Globes: Government looking at increasing its purchase cut or upping ‘green charges’ that are approved but not yet implemented
David Cohen at the Dancing Camel Brewery (photo credit: Dancing Camel Brewery)
August 6, 2012, 8:52 am
Fears brew that Israel’s bubbling beer culture could be flattened by tax hike
Boss of Dancing Camel boutique brewery leads a fight back
By Tracy Frydberg
Smoking a cigarette and drinking beer on the outskirts of the Havat Gilad settlement. Finance Minister Yuval Steinitz raised beer and cigarette prices overnight on July 25. (photo credit: Nati Shohat/Flash90)
July 26, 2012, 9:58 am
Smokers’ and drinkers’ wallets get surprise pinch as taxes rise overnight
Finance minister signs off on new hikes before suppliers and consumers can stock up
By Stuart Winer
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