New Double Taxation Agreement Between Israel and Austria

BusinessLegal Issues ♦ Published: April 10, 2018; 16:05 ♦ (Vindobona)

After almost 50 years, a new double taxation agreement (DTA) for income and capital taxes was signed between Israel and Austria, which includes substantial tax relief.

Significant changes: The new double taxation agreement between Israel and Austria / Picture: © Israeli and Austrian crossed flags by Vindobona

The previous agreement had been in force since 1970.

The new double taxation agreement (DTA) was published in the Federal Law Gazette on 25 January 2018 and came into force on 1 March 2018.

The changed withholding tax rates are applicable as of January 1, 2019.

Significant changes to the new double taxation agreement:

Reduction of withholding tax rate for…

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