The new income and capital tax treaty between Germany and Israel reportedly entered into force on 9 May 2016. The treaty replaces the 1962 treaty between the two countries.
Taxes Covered
The treaty covers German income tax, corporation tax, trade tax and capital tax. It covers Israeli income tax and company tax (including tax on capital gains), profit tax on financial institutions, and the tax imposed on gains from the alienation of property.
Withholding Tax Rates
- Dividends - 5% if the …