OrbitaxTreaty between Israel and Austria initialed – brief details
|Treaty Development|Israel; Austria
According to a press release of 14 July 2010, published by the Israeli Ministry of Finance, Israel and Austria have initialed a new tax treaty. Once signed and in force, the new treaty will replace the Israel-Austria income and capital tax treaty of 29 January 1970.
The maximum rates of withholding tax are:
| - | 10% on dividends in general, 0% if the beneficial owner is a company with a significant co… |