Israel Tax Authorities sign OECD CRS and publish FATCA …

The Israel Tax Authorities published on May 22nd 2017 its’ Circular 3/2017 (“Circular”) containing implementation instructions regarding Israel’s Foreign Account Tax Compliance Agreement with the United States, after earlier this month also signing up on OECD’s multilateral Common Reporting Standard on May 12.

The FATCA Agreement signed by Israel with the US in 2014, ratified by Israel in 2016, obligates the

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