Experts Divided on How U.S. Deal Over Fiscal Cliff Will Affect Israelis' Taxes

Israelis who will be most affected by the new regulations aren't those who invested in U.S. real estate, but those with U.S. citizenship or green cards since they have to file annual returns that include investment income from all sources.

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Israeli tax experts are divided on the effect the U.S. deal averting the "fiscal cliff" - which raised taxes on high earners, capital gains and dividends, as well as large estates - will have on investors...