On 17 January, the governments of the UK and Israel signed a protocol amending their 1962 double taxation convention.
On 17 January, the governments of the UK and Israel signed a protocol amending their 1962 double taxation convention. The new protocol includes a reduction in the rate of tax to 5% on dividends paid by a resident of one territory to a company resident in the other territory (where the recipient owns at least 10% of the paying company).
The new Protocol has not yet entered into force. See bit.ly/2CIMVo2.
On 17 January, the governments of the UK and Israel signed a protocol amending their 1962 double taxation convention.
On 17 January, the governments of the UK and Israel signed a protocol amending their 1962 double taxation convention. The new protocol includes a reduction in the rate of tax to 5% on dividends paid by a resident of one territory to a company resident in the other territory (where the recipient owns at least 10% of the paying company).
The new Protocol has not yet entered into force. See bit.ly/2CIMVo2.