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...

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...

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...