Income Tax Ordinance Amendment (Amendment No. 268) Bill
Translated from Hebrew: הצעת חוק לתיקון פקודת מס הכנסה (תיקון מס' 268)
TL;DRThe bill requires apartment owners to file an annual report on rental income, and cancels the indexation of the tax exemption ceiling.
Translated from Hebrew
What does the bill do?
The bill adds a reporting requirement for income from renting residential apartments, even when the income is tax-exempt. The report will be filed by a fixed date on an online form to be set by the Director of the Tax Authority, and will include details of the rented apartments and the amount of rent. In addition, the bill repeals a section of the Income Tax Law that links the exemption ceiling to the index, so that the exemption ceiling will remain fixed at one amount and will not rise each year.
The votes on this bill
Coalition 64 seats
Opposition 56 seats
Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown