For Americans in Israel, the U.S. Tax Man Cometh

But thanks to a new IRS-Israeli treasury agreement, U.S. citizens with bank accounts here may not be fined for undisclosed income - if they come forward first.

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It is estimated that hundreds of thousands of American citizens and holders of permanent residency status in the United States live in Israel. While U.S. citizens are required to file reports with the Internal...
 
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