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Israel loses billions to American pressure

Major Israeli banks have closed the brokerage accounts of their clients who are citizens or residents of the United States because foreign accounts might violate US tax laws.

The United States is not going to take the reciprocal measure of closing the bank accounts of Israeli citizens who likewise evade taxes.

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Comments

Brokerage accounts in Israel they have closed as they care so much of the United States, was a very stupid idea. Very often people use foreign accounts because they want to launder their money. And these brokerage accounts in Israel are not an exception.

Gemini Hawthorne 27 March 2010

Instead of being so worried about the uSA which are never worried about Israelis, the government should pay more attention to the relations between Indonesia and Israel.

Genevieve Hayward 27 March 2010

Israeli banks American residents yhave been so fond of will negatively influence the reputation of Israel in certain layers of society. Israel is not a particularly rich country and if Israeli banks American residents found so attractive brought certain profit, it was weird to close them.

Gavin Manitowoc 05 April 2010

Gas import Israel has started from Egypt doesn’t bother anyone although gas belongs to Jews. So why should Israel take care of the USA?!

Jaymee Mannheim 06 April 2010

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