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Tax trap for non-Israelis who put Israeli real estate into a trust
July 2022
For non-Israelis, payment of sale and purchase taxes on the contribution of Israeli real estate to Trust is non-negotiable.
In an article for the Jerusalem Post, Oren Biran, head of Tax Department, shares his thoughts about a new precedent ruling issued by the Israeli Supreme Court regarding taxation on transfers of Israeli real estate to Trust and steps you can take to ensure you’re not getting triple and quadruple taxed.