Debt securities - Double Taxation Treaties concluded by Israel and currently in force

05.12.2018

Note: Clearstream Banking provides these rates for information purposes only and does not guarantee that this information is correct, complete and accurate. Clearstream Banking does not assume liability for any damages, direct or indirect, that may arise from the reliance on or the use of this information. The rate as prescribed in the DTT may differ depending on the status of the beneficial owner. Please refer to the actual DTT or your tax advisor for further information.

The standard rate of withholding tax on interest is 25% before any refund.

There is currently no prescribed form for tax refund available for use.

Country

Rate prescribed by the DTT - Interest (%)

Tax refund available (%)

Prescribed form for tax refund

Austria

a

20

-

Azerbaijan1015-

Belarus

10

15

-

Belgium

15

10

-

Brazil

15

10

-

Bulgaria

10

15

-

Canada

10

15

-

China

10 b

15

-

Croatia

10

15

-

Czech Republic

10

15

-

Denmark

5

20

-

Estonia520-

Ethiopia

10

15

-

Finland

10

15

-

France

10

15

-

Germany

5

20

-

Georgia

5

20

-

Greece

10

15

-

Hungary

0

25

-

India

10

15

-

Ireland

10

15

-

Italy

10

15

-

Jamaica

15

10

-

Japan

10

15

-

Latvia

10

15

-

Lithuania

10

15

-

Luxembourg

10

15

-

Malta

5

20

-

Mexico

10

15

-

Moldova

5

20

-

Netherlands

15

10

-

Norway

25

0

-

Panama1510-

Poland

5

20

-

Portugal

10

15

-

Philippines

10

15

-

Romania

10

15

-

Russia

10

15

-

Singapore

7

18

-

Slovak Republic

10

15

-

Slovenia

5

20

-

South Africa

25

0

-

South Korea

10

15

-

Spain

10

15

-

Sweden

25

0

-

Switzerland

10

15

-

Taiwan1015-

Thailand

15

10

-

Turkey

10

15

-

Ukraine

10

15

-

United Kingdom

15

10

-

United States of America

17.5

7.5

-

Uzbekistan

10

15

-

Vietnam

10

15

-

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a. Effective from 1 January 2019

b. The lower rate applies on interest received by a bank or financial institution.