Capital gains tax on real estate

Paid by the seller, on the difference between the purchase price (or in some cases – the actual value of the property), and the original purchase price paid by the buyer in the current transaction.

The tax assessment is a complicated matter because it is determined by changing tax rates and by a division into two periods – before and after the tax reform.

This tax has an extensive system of tax exemptions and postponements, the most famous of which is a residential apartment unit exemption.