Tax Authority on trail of tax evading landlords

• Published date: 02 April 2024
• Author: Ela Levy-Weinrib
• Publication title: Globes (Rishon LeZion, Israel)

Up to now, the Tax Authority has not had access to information on, for example, people who inherit properties or who build homes on land they own, as these are not tax events that require reporting. People who rented out such properties remained unknown to the Tax Authority unless they reported the income on their own initiative

Such information will now be transferred to the Tax Authority by the Land Registry, which is responsible for documenting all transactions in real estate.

The information gathering...