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The Supreme Court of Israel has ended a legal challenge to Israel’s compliance with FATCA.
The Israeli Supreme Court has given the green light for U.S. authorities to gather the data they need from financial services firms to enforce the Foreign Account Tax Compliance Act (FATCA), which is seen as a setback for the anti-FATCA movement via international and U.S. court systems. The controversial FATCA legislation authorizes the U.S. government...
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