Money Laundering Keeps ultra-Orthodox Families Afloat

The free-loan funds that play a central role in supplementing the incomes of ultra-Orthodox households rely on black market capital. Draft legislation cracking down on tax evasion could spell trouble for them.

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The deliberations in the Knesset Finance Committee took a personal earlier this month when lawmakers raised the issue of giving the Israel Tax Authority the right to examine private bank accounts in its battle...