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Tax Treaty between Austria and Israel to Enter into Force

26 February 2018

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Treaty Development

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Austria-Israel

The income and capital tax treaty between Austria and Israel will enter into force on 1 March 2018. The treaty, signed 28 November 2016, replaces the 1970 tax treaty between the two countries. Taxes Covered The treaty covers Austrian income tax, corporation tax, land tax, tax on agricultural and forestry enterprises, and tax on the value of vacant plots. It covers Israeli income tax and company tax (including tax on capital gains), tax imposed on gains from the alienation of property according to the Real Estate Taxation Law, and profit tax on financial institutions. Withholding Tax Rates Dividends - 0%...