DT10052 - Israel: Admissible taxes
The following Israel taxes are admissible for credit in the UK under the convention:
- the income tax (including Capital Gains Tax and tax imposed under the Petroleum Profits Taxation Law 5771 - 2011)
- the company tax
- the tax on gains from the sale of land under the Real Estate Taxation Law
The following Israel taxes are inadmissible under the convention:
- the services (banks and insurance companies) tax
- the profits tax when applied to financial institutions in lieu of VAT