Small Gemachs to Be Exempt From FATCA Requirements, Ministry Says

Shekel, U.S., Tax Cut
(Reuters/Nir Elias, File)

YERUSHALAYIM – As of January 1st, all Israeli banks began reporting to the U.S. Treasury on the finances of Israeli citizens who are U.S. citizens or residents, married to such, work for a U.S. entity, or otherwise come to the attention of American



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