We are pleased to present you with another Urban Renewal legal update which includes a summary of a recent tax decision and summaries of recent tribunal decisions.
In this update we review:
- Tax decision 2239/18 which deals with the matter of the exemption from the payment of capital gains tax on the sale of an apartment which was built in the framework of a National Outline Plan 38 project.
- The building of underground parking in the framework of a National Outline Plan 38/2 project.
- A change of designation from office to residential in the framework of a National Outline Plan 38/2 project
Please find the full legal update here (Hebrew)