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Philip Stein & Associates — U.S.-Israel Tax Treaty: Social Security and Bituach Leumi

Source: https://www.pstein.com/our-firm/us-israel-tax-treaty · 2026

No Totalization Agreement Between the U.S. and Israel

The U.S.-Israel Tax Treaty is specifically an income tax treaty. Most countries also have a separate totalization agreement with the United States — but Israel does not, which is highly unusual.

A totalization agreement exempts self-employed individuals in a foreign country from paying U.S. Social Security tax. For example, self-employed workers in the UK, Germany, or Switzerland do not pay U.S. Social Security tax because they pay their own country’s equivalent.

In Israel, there is no such exemption. If you are self-employed in Israel, you must pay:

This double burden is significant and can be very costly for olim who are self-employed.

Silver Lining: Social Security Benefits May Be Tax-Exempt

Article 21 of the U.S.-Israel Tax Treaty provides an important benefit for those who receive U.S. Social Security:

“Social security payments and other public pensions paid by one of the Contracting States to an individual who is a resident of the other Contracting State shall be exempt from tax in both Contracting States…”

This means:

Recommendation: Both Social Security payments (contributions) and benefits should be discussed with a qualified accountant to fully understand the tax implications.