Glossary entry (derived from question below)
Hebrew term or phrase:
מנהל מס שבח
English translation:
Capital Gains Tax Administration, or Chief Land Appreciation Tax Officer
Added to glossary by
KMichal
Dec 10, 2012 13:39
11 yrs ago
24 viewers *
Hebrew term
מנהל מס שבח
Hebrew to English
Law/Patents
Real Estate
Sale of Real Estate
Example:
משרדי יבצע פריסה של השבח מול מנהל מס שבח
מנהל מס שבח דחה את בקשת הפטור בגין מכירת 20% מהדירה שהתקבלו במתנה
Any idea how to translate this term to English?
Thank you!!
משרדי יבצע פריסה של השבח מול מנהל מס שבח
מנהל מס שבח דחה את בקשת הפטור בגין מכירת 20% מהדירה שהתקבלו במתנה
Any idea how to translate this term to English?
Thank you!!
Proposed translations
(English)
4 | Capital Gains Tax Administration, or Chief Land Appreciation Tax Officer | Mary Jane Shubow |
4 | Land Betterment Tax Managing Director | Lingopro |
Proposed translations
16 hrs
Selected
Capital Gains Tax Administration, or Chief Land Appreciation Tax Officer
Rav Milim gives מס שבח as Capital Gains Tax, which sounds like good American English. I'm not sure whether מנהל here is administration, (maybe even an office or agency), an administrator, or manager,
Example sentence:
When selling a house or apartment or any other Israel real estate you may have to pay capital gains tax (known as Mas Shevach) at a rate of around 20 percent.
It is the duty of the Chief Land Appreciation Tax Officer (CO) to carry out the assessment.
4 KudoZ points awarded for this answer.
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