Company: DRTSW
Filing Date: 2025-06-23
Form Type: F-3
Source: 0001213900-25-056744
Chunk: 26

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-06-23
Form: F-3
Chunk 26
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 allows, under certain conditions, a tax deduction for expenditures, including capital expenditures, 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 or 
 development 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 the research and
development expenses during the year in which they were incurred. There can be no assurance that such application will be accepted. If
we are not able to deduct research and development expenses during the year in which they are paid, we may be able to deduct research
and development expenses in equal amounts over a period of three years commencing the year in which the payment of such expenses was made.

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). Generally, an investment program that is implemented
in accordance with the provisions of the Investment Law, referred to as a Preferred Enterprise, a Special Preferred Enterprise, a Preferred
Technological Enterprise, or a Special Preferred Technological Enterprise, is entitled to the benefits discussed below. These benefits
may include cash grants from the Israeli government and tax benefits, based upon, among other things, the geographic location in Israel
of the facility in which the investment is made. In order to qualify for these incentives, the Company is required to comply with the
requirements of the Investment Law.

The
Investment Law was significantly amended effective as of April 1, 2005, or the 2005 Amendment