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IRS / Israel Tax Authority — US-Israel Treaty Withholding Tax Rates on Dividends, Interest, and Royalties

Source: https://www.taxesforexpats.com/country-guides/israel/us-israel-tax-treaty.html · 2026

The US–Israel tax treaty sets maximum withholding tax rates on dividends, interest, and royalties flowing between the two countries. These rates reduce the standard 30% US withholding rate for qualifying Israeli residents, and apply symmetrically for US residents receiving Israeli-source income.

Withholding Rate Table

Income Type US-source → Israeli Resident Israeli-source → US Resident Treaty Article
Dividends (general) 25% 25% Article 12
Dividends (qualifying corporate direct dividend) 12.5% 12.5% Article 12
Interest (general) 17.5% 17.5% Article 13
Interest (financial institutions) 10% 10% Article 13
Interest (government-guaranteed debt) 0% 0% Article 13
Industrial royalties 15% 15% Article 14
Copyright or film royalties 10% 10% Article 14

Source: IRS treaty text, IRS Technical Explanation, and IRS Tax Treaty Table 1

Who These Rates Apply To

These treaty withholding rates are most useful for:

US citizens living in Israel generally cannot use these treaty rates to reduce US tax because of the savings clause in Article 6, paragraph 3. The Foreign Tax Credit (Form 1116) is the primary double-taxation relief mechanism for US citizens.

Social Security — Special Rule (Article 21)

US Social Security payments are exempt from tax in both the US and Israel under Article 21. This benefit survives the savings clause and applies to US citizens living in Israel.

IRS References