Tag archive for ‘Foreign Account Tax Compliance Act’
Noam Meir On Wednesday, January 2nd, 2019

Israel to report foreigners’ accounts to tax authorities

The Finance Committee of the Knesset today approved the CRS regulations, which stipulate that financial institutions will be required to transfer information on accounts of foreign residents for the purposes More...

Foreign Account Tax Compliance Act (FATCA) , TAX , Financial
Gil Tanenbaum On Friday, May 2nd, 2014

Israel To Reveal Americans’ Bank Account Info To The US

– On May 1st the Israeli Finance Ministry agreed to provide the American Internal Revenue Service all information on the bank accounts held by American citizens in Israel. In 2010 the United States Congress More...

Illustration , money,
Globes On Monday, July 1st, 2013

US customers withdraw $4 billion from Israeli banks

– The banks estimate that tighter US tax laws have caused US citizens to withdraw $4-5 billion from Israeli banks in less than two years. – Illostration / Getty – / By Irit Avissar/ Tighter More...

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