'Third Property' Tax
Update - As of August 2017, this tax has been cancelled. Therefore, as of now, the below is no longer relevant. The war that Finance Minister Moshe Kahlon has been waging on Israeli property prices has been well documented and shows no sign of abating. His newest weapons to date is the ‘Third Property’ Tax law, which was proposed in 2016 and was passed a few weeks ago in January 2017. There are still a number of legal hurdles to be overcome, however assuming that these are re
