Ituran Location And Control Ltd Obtains Israeli Tax Authority Ruling On Dividend Withholding Procedures
ITRN•Israeli tax ruling on dividend withholding
Sept. 23 (Reuters) - Ituran Location and Control Ltd ITRN.O:
- Ituran Location and Control Ltd obtains Israeli Tax Authority ruling on dividend withholding procedures
- Some shareholders eligible for reduced withholding tax rate on dividend
- Initial dividend withholding at 25% or 20% rates; reduced rates available through November 10, 2026
- Ituran Location and Control will withhold tax at a rate of 25% or 20% of the dividend amount and will remit the tax amount to the agent
