The world is getting smaller and it is getting harder to leave a pile of money in a far off corner unnoticed and untaxed. That is thanks to overlapping initiatives of the Unit ed States (FATCA), the Israeli Tax Authority, the Bank of Israel (directive to Israeli banks to check deposits are taxed) and the…

If you are a company with operations in both the United States and Israel, you should be aware of several very important U.S. and Israeli Tax issues when you engage in cross border operations. I have set forth below several of the main issues. This list is not exhaustive and only reflects briefly the main…