Property Tax
Found 4 recent publications
Greece Set to Fivefold Property Acquisition Tax for Non-EU Investors
Greece is raising property acquisition taxes for non-EU investors from 3% to 15%, significantly impacting Israeli buyers seeking real estate in Athens and beyond. The new rules take effect in July 2027.
Israel's 2025 Financial Report Highlights Tax Fund Strain and Rising Defense Costs
Israel's 2025 financial report warns of a depleting property tax fund, surging defense costs, and massive long-term pension liabilities reaching 718 billion NIS.
They promised to tax the rich — and got a headache: the new tax driving New York crazy
New York Governor Kathy Hochul is criticizing the decisions of Mayor Zohran Mamdani, specifically the imposition of a special tax on luxury homes used as secondary residences. According to a report in The New York Times, the numerous reactions within the business sector have caused her concern.
Mekorot petitions the Supreme Court against the government: Limit the property tax on water facilities
The petition was filed following a 16-fold increase in property tax on a water facility in the Hof Ashkelon Regional Council. Mekorot warns that without intervention, other local authorities will follow suit, and demands to set a uniform property tax rate for all water facilities in the country.