Determining and estimating property tax in Israel is a fairly complex matter. It’s determined by many different things, including:
- Variable tax rates affected by the date of purchase
- Specific deductions
- Historical tax rates on assets purchased before March 31st, 1961
- A “standard” linear tax calculation that includes division into three time periods
Therefore, it’s highly recommended to consult with somebody with expertise instead of attempting to calculate property tax on your own.