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Israel tax treaty protocol signed

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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

Issue: 1428
Categories: News , International taxes