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ZIM Announces Withholding Tax Updates on Dividends

ZIM Announces Withholding Tax Updates on Dividends

ZIM Integrated Shipping Services (ZIM) has released an update.

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ZIM Integrated Shipping Services has announced updates on withholding tax procedures for its upcoming regular and special cash dividends, scheduled for December 9, 2024. The Israeli Tax Authority’s ruling allows certain shareholders to benefit from a reduced withholding tax rate, provided they meet specific conditions. Shareholders are encouraged to consult their tax advisors to understand their eligibility for the reduced rate.

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