Land appreciation tax spreading calculation: Application for spreading payment over several years (Form No. 7003)
The service allows the seller to request that the land appreciation tax be calculated subject to a spread of up to four years, and not on the year of sale alone.
Who can apply
Those who meet all of the following conditions may apply:
- Real property sellers who are residents of Israel;
- Who have submitted annual income tax returns for the tax years which are subject of the payment spread;
What to attach
The application must be submitted as a part of real property right sale statement.
THIS SERVICE IS FREE OF CHARGE
How to apply
Sellers represented by an attorney should file the application online as part of the submission of the sale statement form.
Unrepresented sellers are required to arrive at one of the ten real property tax offices and submit the application at the public computer station as part of the submission of the statement form for the sale of a real property right.
Exceptions to the online statement requirement:
- A representative attorney whose age was 66 or more on October 15, 2017 may submit a statement and accompanying forms manually.
- A seller who is not represented in the transaction and is prevented from arriving to the public computer station due to a medical problem or a lengthy stay abroad, may apply for an exemption from the online reporting requirement with Form No. 7100. Each application is examined according to the circumstances and therefore it is mandatory to attach supporting documents and references. If the request is approved, the statement can be submitted manually.
What happens next
The regional tax office will examine the application and the seller’s income tax data. To the extent that the seller will be found eligible to a reduced land appreciation tax calculation, the tax will be calculated accordingly.
Please note, if there is any difference or conflict between the information on this page and the law, the provisions of the law will apply.