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Israeli News Briefs

Israel’s Parliament approved yesterday a land improvement law, tightening loopholes on the existing improvement tax which sets a capital gains levy on real estate transactions. The new law exempts to a large extent profits made in transactions on private dwellings.

August 28, 1963
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Israel’s Parliament approved yesterday a land improvement law, tightening loopholes on the existing improvement tax which sets a capital gains levy on real estate transactions. The new law exempts to a large extent profits made in transactions on private dwellings.

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