No VAT break on housing this summer as Knesset suspends debate
Summer recess begins today, but Knesset could reconvene to vote on law during holiday.
Finance Minister Yair Lapid’s hopes of passing a bill exempting certain first-time home buyers from paying VAT were dashed Wednesday. The Knesset decided to reconvene the committee currently discussing the bill Thursday – a day after parliament starts its summer break. However, Housing and Construction Minister Uri Ariel vowed to call a special Knesset session during the recess in...
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