News Briefs
  • 16:31

    Knesset finalizes reporting deal with the IRS

    MK Rachel Azariya (Kulanu) applauds the passing of the FATCA Law, which will regulate the economic activity of companies and organizations in tandem with the United States' IRS:

    "Israelis whom hold American citizenship need to pay taxes like everyone else, and this agreement settles the matter. I too, when I entered the Knesset, gave up my American citizenship, but until then I paid taxes to the United States  as per the law. The State of Israel and the market don't need to pay an economic price because of her dual citizens."