Purchase Tax (Mas Rechisha) Rates 2026
Purchase tax (Mas Rechisha) is levied on every real estate acquisition in Israel. The rates differ based on whether the property is a single residence, additional residence, or non-residential property.
Rates for Single Residence
| Property Value (ILS) | Tax Rate |
|---|---|
| 0 - 1,978,745 | 0% |
| 1,978,745 - 2,347,040 | 3.5% |
| 2,347,040 - 6,055,070 | 5% |
| 6,055,070 - 20,183,565 | 8% |
| 20,183,565+ | 10% |
Key Points
- Understanding your tax obligations is essential for compliance
- Keep detailed records of all income and expenses
- Consult a licensed tax professional for complex situations
- Stay updated on annual changes to tax rates and thresholds
Practical Tips
- File your tax returns on time to avoid penalties and interest
- Take advantage of all available deductions and credits
- Consider the tax implications before making major financial decisions
Summary
This article has provided a comprehensive overview of Real Estate Tax - Purchase Tax (17). Tax laws and regulations in Israel are subject to frequent changes, and it is important to verify current rates and rules with the Israel Tax Authority or a qualified professional.
Important Note: It is recommended to consult a certified public accountant or qualified tax advisor regarding your specific situation.