DT10052 | Double Taxation Relief Manual: 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