The U.S. government has agreed to Israel’s request to postpone the deadline for FATCA compliance to September 30, 2016. Israeli financial institutions will need to begin reporting U.S. accounts by that date. Israel has yet to develop legislation on how … Continue reading →
The due date of FinCEN Form 114 (known as the “Foreign Bank Account Report” or “FBAR”) has been moved to April 15 instead of June 30 and filers will be able to apply for a six-month extension of the deadline. … Continue reading →
The US and Israel have signed an Inter-Governmental Agreement (IGA) regarding FATCA. FATCA (the Foreign Account Tax Compliance Act) was enacted by the U.S. congress in 2010 to combat tax evasion of American citizens using foreign accounts. This agreements requires … Continue reading →
While the real estate market in the U.S. has recently shown signs of slow recovery, there are still plenty of opportunities for foreign investors wishing to acquire U.S. properties for intermediate and long-term investment. Read Here
Continue reading →For foreign businesses operating in the U.S., the choice of an entity form can have long-term consequences, both in the financing of the business as well as its operating activities. Read Here
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