Israeli tax update - home rental income

In past years the exempt amount (NIS 4,200) was almost double and many landlords were unaware of the new lower exempt amount. Therefore, they missed out on the "opportunity" to pay 10% tax within 30 days after receiving the rent. The draft bill proposes to let these landlords pay the 10% tax plus interest within 30 days after the amendment becomes effective. That date will only be known if and when the draft bill is enacted.