Company: DRTSW
Filing Date: 2025-04-28
Form Type: 424B5
Source: 0001213900-25-035799
Chunk: 26

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-04-28
Form: 424B5
Chunk 26
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 2016, the Israeli Parliament approved the Economic Efficiency Law (Legislative Amendments for
Applying the Economic Policy for the 2017 and 2018 Budget Years) which reduced the corporate income tax rate from 25% to 24% effective
from January 1, 2017, and to 23% effective from January 1, 2018 and thereafter. However, the effective tax rate payable by a
company that derives income from a Preferred Enterprise, or a Technological Enterprise (each, as defined herein) may be considerably less.
Capital gains derived by an Israeli company are generally subject to the prevailing regular corporate tax rate.

Law for the Encouragement of Industry (Taxes), 5729-1969

The Law for the Encouragement
of Industry (Taxes), 5729-1969, generally referred to as the “Industry Encouragement Law”, provides several tax benefits for
“Industrial Companies.” Alpha Tau may qualify as an Industrial Company within the meaning of the Industry Encouragement Law.

The Industry Encouragement
Law defines an “Industrial Company” as an Israeli resident-company, incorporated in Israel, of which 90% or more of its income
in any tax year, other than income from certain government loans, capital gains, interest and dividends, is derived from an “Industrial
Enterprise” owned by it and located in Israel or in the “Area,” in accordance with the definition under section 3A
of the Israeli Income Tax Ordinance (New Version) 1961, or the Ordinance. An “Industrial Enterprise” is defined as an enterprise
which is held by an Industrial Company whose principal activity in a given tax year is industrial production.

The following are the main
tax benefits available to Industrial Companies:

<div align='center'>S-16</div>

| ● | Under limited conditions, an election to file consolidated tax returns with controlled Israeli Industrial 
 Companies;                                                                                                |

| ● | 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.                                                                                                        |

We have claimed tax benefits
as an Industrial Company under the Industry Encouragement Law, but there can be no assurance that we are qualified or will continue to
qualify as an Industrial Company or that the benefits described above will be available in the future.

Tax Benefits and Grants for