Camtek(CAMT)2023-03-19 16:00Financial Liabilities and Risks - As of December 31, 2022, the company had net liabilities of approximately 97 thousand on expenses or income [665]. - The company has no outstanding loans, indicating minimal exposure to interest rate changes [663]. - The company’s exposure to market risk from changes in interest rates is not significant due to the absence of outstanding loans [663]. Taxation - The tax rate for Preferred Enterprises in Development Zone A is set at 7.5%, compared to 16% in other areas, effective from January 1, 2017 [644]. - Special Preferred Technological Enterprises in Development Zone A benefit from a reduced tax rate of 6% [646]. - A 3% additional tax applies to annual taxable income exceeding NIS 663,240 for individuals subject to tax in Israel [659]. - The company is subject to withholding tax rates of 25% for individuals and 23% for corporations on the sale of publicly traded securities [654]. - The December 2016 Amendment introduced special tax tracks for Technological Enterprises, with rates varying from 5% to 12% depending on the enterprise type [646]. - Non-Israeli residents are generally exempt from Israeli capital gains tax on the sale of shares listed on the NASDAQ Global Market, provided certain conditions are met [651]. Pricing and Currency Exposure - The company’s products are primarily priced in U.S. Dollars, but in certain regions like Europe and Japan, prices are denominated in local currencies, which may affect competitiveness if local currencies devalue significantly [666].