Knesset Panel Backs Regulations to Double Tax on Empty Apartments

Measure submitted by finance and interior ministers would double municipal property taxes on 'ghost’ apartments left empty nine months of year to encourage absentee owners to rent out apartments.

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Dec 10, 2013 2:57 AM

The Knesset Finance Committee approved on Monday regulations to levy double the rate of municipal property taxes (arnona) on apartments left empty nine months per year.

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