Israel’s High Court of Justice rules allowing for the transfer of FATCA data

In another 5 days, all financial information about US citizens, holders of a green card, and that of Israeli residents who have funds in bank accounts and benefit funds in Israel will be delivered to the Israel Tax Authority for transfer to the US authorities under Israel’s FATCA agreement.

This is the result of the Israeli High Court of Justice’s decision

FULL ARTICLE http://www.lexology.com/library/detail.aspx?g=126538f9-0213-491a-b317-1ab302eee22e

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