Partial amendment to RESTRICTION OF SPECIAL TAXATION ACT

The current law exempts residents of farmland from capital gains tax if they transfer land that has ...

The

,

current

,

law

,

exempts

,

residents

,

of

,

farmland

,

from

,

capital

,

gains

,

tax

,

if

,

they

,

transfer

,

land

,

that

,

has

,

been

,

cultivated

,

directly

,

for

,

more

,

than

,

eight

,

yearsHowever

,

most

,

farmland

,

is

,

in

,

the

,

name

,

of

,

man

,

if

,

the

,

couple

,

jointly

,

cultivates

,

farming

,

land

,

so

,

if

,

they

,

want

,

to

,

bu