Demand for homes surges after Israeli government scuttles zero-VAT proposal
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Jerusalem
BUSINESS has suddenly picked up at Shelly Levine's Jerusalem real estate agency: The crumbling of Prime Minister Benjamin Netanyahu's government has killed a proposed tax break that had homebuyers biding their time.
Yair Lapid, the finance minister Mr Netanyahu fired last week before calling new elections on Dec 2, wanted to scrap the 18 per cent value-added tax for eligible first-time homebuyers. The prime minister has scuttled the plan.
Share with us your feedback on BT's products and services
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance