יום שבת, ה׳ תמוז תשפ״וSaturday, June 20, 2026
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Do you really think Israel will jeopardize its relationship with the United States to protect information about Americans’ accounts here that those Americans are supposed to be reporting to the IRS anyway?
By Jewish Press Staff Reporter
The Israel Tax Authority has reached agreement with the U.S. to coordinate info between the IRS and Israeli banks.
Tighter American tax laws have encouraged U.S. citizens to withdraw approximately $2 billion from Israeli banks in less than two years. "The blow is not just in the drop in assets, but also in the drop in investments. Some of these customers, especially the wealthy ones, use the money to make investments and acquisitions in […]
