Treasury Planning to Tax Profits on Second Homes

The Finance Minister may also tax advanced training funds and redraw the map of the periphery to apply a higher tax rate to more exporters.

Meirav Arlosoroff

May 07, 2013 5:39 AM

The Finance Ministry plans to revoke the exemption for betterment tax on the sale of second homes, according to the Economic Arrangements Bill shaping up for submission to the government.

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