Jewish Journal

Tag: Tax Fraud

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  • Americans must pay taxes on bank accounts in Israel

    June 4, 2014 | 10:24 am

    United States citizens who have accounts or financial assets in Israel soon will have even more incentive than previously to disclose them to the Internal Revenue Service (IRS).

    The Foreign Account Tax Compliance Act (FATCA), which takes effect July 1 in Israel, is meant to...