Details of the income tax treaty and protocol between Denmark and Israel, signed on 9 September 2009, have become available. The treaty was concluded in the Hebrew, English and Danish languages. In the case of divergence, however, the English text prevails. Once in force treaty will replace the former income and capital tax treaty of 27 June 1966 between Denmark and Israel. The treaty generally follows the OECD Model Convention. The maximum rates of withholding tax are: -   10% on dividends in general, 0% if the beneficial owner is (i) a company (other than a partnership) owning directly at...