Israel Combines Tax and Economic Incentives to Lure Investors

4 Journal of International Taxation 175 (1993)

6 Pages Posted: 10 Jul 2015

Date Written: April 1, 1993

Abstract

Israel traditionally has been a high-tax country. Its current corporate tax rate is 40%. Dividends distributed from Israeli corporations are subject to 25% withholding tax. Nevertheless, a new effort to do away with red tape and recent developments in Israel have made it more attractive for a U.S. corporation engaged in a capital-intensive activity, such as manufacturing, to operate a plant or factory in Israel. These new incentives can result in minimal U.S. and Israeli taxes and allow corporations to receive cash grants of up to 38% of the amounts they invest in their Israeli operations.

Suggested Citation

Appel, Alan, Israel Combines Tax and Economic Incentives to Lure Investors (April 1, 1993). 4 Journal of International Taxation 175 (1993), Available at SSRN: https://ssrn.com/abstract=2628201

Alan Appel (Contact Author)

New York Law School ( email )

185 West Broadway
New York, NY 10013
United States

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