What is the dividend withholding rate between Israel and Turkey?
Under the Israel-Turkey tax treaty, the withholding rate on dividends is 10% for portfolio investors (general rate). A reduced rate of 10% applies when the beneficial owner is a company holding a qualifying ownership stake (typically 10% or more of voting stock). Note that the reduced rate requires the recipient to file the appropriate treaty benefit claim form before payment. This 10% rate compares to a median of 15% across Israel's 24 active treaty partners, and 15% across Turkey's 37 active partners.
Network Comparison
Israel
Rank 4 of 24 active treaties (lowest rate = #1)
Lower rates with: India (10%), Mexico (10%), Singapore (10%)
Higher rates with: Australia (15%), Belgium (15%), Canada (15%)
Turkey
Rank 4 of 37 active treaties (lowest rate = #1)
Lower rates with: Malaysia (0%), China (10%), Czech Republic (10%)
Higher rates with: Russia (10%), Saudi Arabia (10%), Slovak Republic (10%)