STOCK TITAN

ICL Group tax pact: ~$225M plus linkage and interest

The agreement also covers Natural Resources Law liabilities for potash and bromine in 2021–2024 and phosphate in 2016–2024.

Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
(Moderate)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
6-K

Rhea-AI Filing Summary

ICL Group Ltd. reached an agreement with the Israeli Tax Authority providing a complete and final waiver of its claims regarding specified income-tax and Natural Resources Law liabilities of the company and its material subsidiaries in Israel. ICL will pay approximately $225 million, plus linkage differences and interest; approximately $60 million relates to timing differences between tax periods and will be credited against future tax payments.

The agreement covers income-tax years 2020–2024, Natural Resources Law liabilities for potash and bromine for 2021–2024, and phosphate for 2016–2024. ICL said it recorded sufficient provisions, so the agreement has no material impact on its statements of income.

Tax agreement payment Approximately $225 million, plus linkage differences and interest Payment under the agreement
Timing-difference credit Approximately $60 million Credited against future tax payments
Income-tax years 2020–2024 Years covered by the agreement
Potash and bromine Natural Resources Law years 2021–2024 Years covered by the agreement
Phosphate Natural Resources Law years 2016–2024 Years covered by the agreement
linkage differences financial
"plus linkage differences and interest"
timing differences financial
"relates to timing differences between tax periods"
provisions financial
"recorded sufficient provisions in its financial statements"
Natural Resources Law regulatory
"tax liabilities under the Natural Resources Law"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much will ICL pay under its tax agreement?

ICL will pay approximately $225 million, plus linkage differences and interest. Approximately $60 million relates to timing differences between tax periods and will be credited against future tax payments.

What tax years does ICL's agreement with the Israeli Tax Authority cover?

It covers income-tax liabilities for 2020–2024 and Natural Resources Law liabilities for potash and bromine for 2021–2024 and phosphate for 2016–2024. The agreement provides a complete and final waiver of the authority's claims regarding those liabilities.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

 

 

 

UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER 

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of November 2026

 

Commission File Number: 001-13742

 

ICL GROUP LTD. 

(Exact name of registrant as specified in its charter)

 

ICL Group Ltd. 

Landmark Tower

2 Leonardo Da Vinci Street

Tel Aviv 6473309 

Israel 

(972) 03-6844459 

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒       Form 40-F ☐

 

 

 ICL GROUP LTD.

 

 INCORPORATION BY REFERENCE

 

This report on Form 6-K shall be deemed to be incorporated by reference into the registration statement on Form S-8 (Registration Number: 333-205518) of ICL Group Ltd. and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished. In addition, this report on Form 6-K shall be deemed to be incorporated by reference into the Israeli Shelf Prospectus of ICL Group Ltd. filed with the Israel Securities Authority and dated September 19, 2025 (Filing Number: 2025-02-070730) and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished.

 

 

ICL GROUP LTD.

 

  1. ICL Announces Closing of Tax Assessments

 

 

Item 1

 

ICL Announces Closing of Tax Assessments

 

Further to Note 15 to the Company’s Annual Financial Statements for the year 2025, and Note 7 of the Company's Financial Statements for the third quarter of 2026, the Company hereby reports, that it has reached an agreement with the Israeli Tax Authority ("ITA"), which constitutes complete and final waiver of all of the ITA's claims regarding income tax liabilities by the Company and its material subsidiaries in Israel (ICL Dead Sea, ICL Rotem, ICL Bromine, Bromine Compounds and Magnesium), for the tax years 2020-2024, as well as tax liabilities under the Natural Resources Law for the years 2021-2024 for potash and bromine and for the years 2016-2024 for phosphate (the “Tax Agreement”). Pursuant to the Tax Agreement, ICL will pay approximately $225 million, plus linkage differences and interest, of which approximately $60 million relates to timing differences between tax periods and will be credited against future tax payments.

 

The Company has recorded sufficient provisions in its financial statements, and accordingly the Tax Agreement has no material impact on the Company’s Statements of Income. 

 

Name of the authorized signatory on the report and name of authorized electronic reporter:

Aya Landman, Adv.

Position: VP, Chief Compliance Officer and Corporate Secretary

Signature Date: November 10, 2026

 

Investor and Press Contact - Israel

Adi Bajayo

VP, ICL Spokesperson and Israel IR Manager

+972-52-4454789
Adi.Bajayo@icl-group.com

Investor and Press Contact - Global

Peggy Reilly Tharp

VP, ICL Global Investor Relations

+1-314-983-7665
Peggy.ReillyTharp@icl-group.com

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  ICL Group Ltd.
   
  By: /s/ Asaf Alperovitz
    Name: Asaf Alperovitz
    Title: Chief Financial Officer

 

  ICL Group Ltd.
   
  By: /s/ Aya Landman
    Name: Aya Landman
    Title: VP, Chief Compliance Officer & Corporate Secretary

 

Date: November 10, 2026

 

 

 

 

 

Keep reading