Company: DRTSW
Filing Date: 2025-04-28
Form Type: 424B5
Source: 0001213900-25-035799
Chunk: 29

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-04-28
Form: 424B5
Chunk 29
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 for a specified development
zone was decreased to and 7.5%. Income derived by a Preferred Company from a “Special Preferred Enterprise” (as such term
is defined in the Investment Law) would be entitled, subject to certain conditions and during a benefits period of 10 years, to further
reduced tax rates of 8%, or 5% if the Special Preferred Enterprise is located in a certain development zone. Since January 1, 2017,
the definition for “Special Preferred Enterprise” includes less stringent conditions.

Dividends distributed from
income which is attributed to a “Preferred Enterprise” will be subject to withholding tax at source at the following rates:
(i) Israeli resident corporations-0% (although, if such dividends are subsequently distributed to individuals or a non-Israeli company
the below rates detailed in sub sections (ii) and (iii) shall apply) (ii) Israeli resident individuals-20% (iii) non-Israeli residents
(individuals and corporations), subject to the receipt in advance of a valid certificate from the Israel Tax Authority, or ITA, allowing
for a reduced tax rate-20%, or a reduced tax rate under the provisions of any applicable double tax treaty.

We currently do not intend
to implement the 2011 Amendment.

New tax benefits under the 2017 Amendment that became effective on January 1, 2017

The 2017 Amendment was enacted
as part of the Economic Efficiency Law that was published on December 29, 2016 and is effective as of January 1, 2017. The 2017
Amendment provides new tax benefits for two types of “Technological Enterprises,” as described below, and is in addition to
the other existing tax beneficial programs under the Investment Law.

The 2017 Amendment provides
that a Preferred Company satisfying certain conditions will qualify as having a “Preferred Technological Enterprise” and will
thereby enjoy a reduced corporate tax rate of 12% on income that qualifies as “Preferred Technological Income,” as defined
in the Investment Law. The corporate tax rate is further reduced to 7.5% with respect to a Preferred Technological Enterprise located
in development zone “A.” In addition, a Preferred Technological Company will enjoy a reduced corporate tax rate of 12% on
capital gain derived from the sale of certain “Benefitted Intangible Assets” (as defined in the Investment Law) to a related
foreign company if the Benefitted Intangible Assets were acquired from a