Company: DRTSW
Filing Date: 2025-06-23
Form Type: F-3
Source: 0001213900-25-056744
Chunk: 33

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-06-23
Form: F-3
Chunk 33
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stantial shareholder” (as explained
above) at the time of receiving the dividend or on any time during the preceding twelve months, the applicable tax rate is 30%. Such
dividends are generally subject to Israeli withholding tax at a rate of 25% if the shares are registered with a nominee company
(whether the recipient is a substantial shareholder or not), and subject to the receipt in advance of a valid certificate from the
ITA allowing for a reduced tax rate, 20% if the dividend is distributed from income attributed to a Preferred Enterprise or a
Preferred Technology Enterprise, and 4% if the dividend is distributed from income attributed to a Technological Enterprise to a
foreign company that holds solely or together with other foreign companies 90% or more in the Israeli company and other conditions
are met (please note that the reduced withholding tax rate of 4% will apply only on profits generated after the Preferred
Technological Enterprise was acquired by a foreign company), or such lower rate as may be provided in an applicable tax treaty. For
example, under the United States-Israel Tax Treaty, the maximum rate of tax withheld at source in Israel on dividends paid to a
holder of our ordinary shares who is a U.S. Resident is 25%. However, generally, the maximum rate of withholding tax on dividends,
not generated by a Preferred Technological Enterprise or Preferred Enterprise, that are paid to a United States corporation holding
10% or more of the outstanding voting capital throughout the tax year in which the dividend is distributed as well as during the
previous tax year, is 12.5%, provided that not more than 25% of the gross income for such preceding year consists of certain types
of dividends and interest. If the dividend is attributable partly to income derived from a Preferred Technological Enterprise, or
Preferred Enterprise, and partly to other sources of income, the withholding rate will be a blended rate reflecting the relative
portions of the two types of income. We cannot assure you that we will designate the profits that we may distribute in a way that
will reduce shareholders’ tax liability. Application for the reduced tax rate requires appropriate documentation presented and
specific instruction received from the ITA. To the extent tax is withheld at source at the maximum rates (see above), a qualified
tax treaty recipient will have to comply with some administrative procedures with the Israeli Tax Authorities in order to receive
back the excess tax withheld.

A
foreign resident who had income from a dividend that was accrued from Israeli source, from which