An Israeli's rent from an apartment abroad can be taxed at 15%

An Israeli resident may pay 15% of gross income from renting out housing abroad (sec. 122A), deducting only depreciation; foreign tax is not credited in this regime. The alternative is the general scale with a credit for foreign tax.

What this changes in the calculation

For an Israeli with an apartment in Georgia, rent is taxed either at 15% in Israel with no credit or on the scale with a credit for the Georgian 5%.