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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%)

Sources

Data last reviewed: 2026-04-07

Important: Treaty rates require proper claim forms (e.g., IRS Form W-8BEN for U.S. treaties, HMRC DT-Individual for U.K. treaties, CRA Form NR301 for Canadian treaties) filed before payment. Limitation on Benefits (LOB) provisions may restrict eligibility. A 0% withholding rate does not mean no tax — the residence country may still tax the income. This is not tax advice.

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