Company: DRTSW
Filing Date: 2025-03-12
Form Type: 20-F
Source: 0001213900-25-023187
Chunk: 256

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-03-12
Form: 20-F
Item: Item 10
Chunk 256
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  Under limited conditions, an election to file consolidated tax returns with controlled Israeli Industrial Companies controlled by it;  

  Expenses related to a public offering are deductible in equal amounts over three years commencing on the year of the offering.  

Eligibility for benefits under
the Industry Encouragement Law is not contingent upon approval of any governmental authority.

Tax benefits and grants
for research and development

Israeli tax law allows, under
certain conditions, a tax deduction for expenditures, including capital expenditures, in scientific research in the fields of industry,
agriculture, transportation or energy, for the year in which they are incurred. Expenditures are deemed related to scientific research
and development projects, if:

  The expenditures are approved by the relevant Israeli government ministry, determined by the field of research;  

  The research and development must be for the promotion of the company; and  

  The research and development is carried out by or on behalf of the company seeking such tax deduction.  

The amount of such deductible
expenses is reduced by the sum of any funds received through government grants for the finance of such scientific research and development
projects. No deduction under these research and development deduction rules is allowed if such deduction is related to an expense invested
in an asset depreciable under the general depreciation rules of the Ordinance. Expenditures that are unqualified under the conditions
above are deductible in equal amounts over three years.

From time to time we may apply
to the Israel Innovation Authority for approval to allow a tax deduction for all or most of research and development expenses during the
year incurred. There can be no assurance that such application will be accepted. If we will not be able to deduct research and development
expenses during the year of the payment, we will be able to deduct research and development expenses during a period of three years commencing
in the year of the payment of such expenses.

Law for the Encouragement
of Capital Investments 5719-1959

The Law for the Encouragement
of Capital Investments, 5719-1959, generally referred to as the “ Investment Law”, provides certain incentives for capital
investments in production facilities (or other eligible assets) by “ Industrial Enterprises” (as defined under the Investment
Law).

The Investment Law was significantly
amended effective as of April 1, 2005 (the “2005 Amendment”), as of January 1, 2011 (the “2011