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It has been reported that as part of the Israeli Ministry of Finance's policy to renew Israel's tax treaties with important OECD member countries, Israel and Denmark recently signed a tax treaty. Once in force, the new treaty will replace the Denmark-Israel income and capital tax treaty of 27 June 1966. The main features of the new treaty are reportedly: - a withholding tax on dividend of 10% and an exemption from tax for the "controlling" participations; - a 5% withholding tax on interests with an exemption for interest on government bonds and corporate bonds quoted on a...