New cars, commercially imported to Israel are subject to VAT (17% of their value), and purchase tax (up to 83% of their value). 1Additional purchase tax of 20% is imposed on the part of the price exceeding NIS 300,000 (about EUR 75,000)of Luxury cars.
New cars, commercially imported to Israel are subject to VAT (17% of their value), and purchase tax (up to 83% of their value). 1Additional purchase tax of 20% is imposed on the part of the price exceeding NIS 300,000 (about EUR 75,000)of Luxury cars.