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Legal Update: Urban Renewal – January 2019 (Hebrew)

By FBC | Jan 2019 | Legal Update

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:

  1. 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.
  2. The building of underground parking in the framework of a National Outline Plan 38/2 project.
  3. 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)

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