On 28 March 2019, officials from Australia and Israel signed an income tax treaty. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Australian income tax, resource rent taxes, and the fringe benefits tax, and covers Israeli income tax and company tax (including tax on capital gains), the tax imposed on gains from the alienation of property according to the Real Estate Taxation Law, and the tax imposed under the Petroleum Profits Taxation Law. Residence If a company is considered resident in both Contracting States, the competent authorities of both States will...