Capital gain from the sale of assets abroad

Tax Liability

A resident of Israel is liable for tax on capital gains from any source in the world. Profit from the sale of property abroad is subject to a 25% tax.

credit

Tax paid abroad on the same profit can be credited against the Israeli tax, up to the amount of the tax in Israel.

Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.