• Corporate income tax rate (2016): 25%. New regulation is to decrease it to 24% (2017) and 23% (2018).
  • Branch tax rate (2016): 25% – see above.
  • Capital gains tax rate (2016): 25% – see above.
  • Value added tax rate: 17%.
  • Tax rates for Individuals: 10%-47% (the maximum rate will be applied for monthly income exceeding approx. 11,000 USD).
  • An additional individuals surtax of 3% (until a maximum rate of 50%) shall be applicable for monthly income exceeding approx. 14,000 USD).
  • Dividends paid by Israeli company to another Israeli company are tax exempt. Dividends paid to Israeli individuals or foreign residents (both individuals and companies) are subject to a withholding tax of 25%, or 30% if the shareholder holds 10% of the shares or more. The withholding tax rates may be reduced when a valid tax treaty exists.
  • A foreign individual or foreign company would be subject to tax on dividends received from an Israeli corporation, as an Israeli individual, unless a valid tax treaty exists.
  • Rate of Inflation over the last few years: 0%-3%.
tax in israel - projectpro