Senior lawyer close to Netanyahu questioned on tax evasion
The Israel Tax Authority is reportedly investigating the lawyer on suspicion of tax evasion, carried out via Romanian bank accounts that he failed to declare.
The Israel Tax Authority is investigating a senior lawyer close to the Netanyahu family, this according to a Channel 2 News report. The lawyer is suspected of evading taxes by transferring funds into bank accounts in Romania allegedly under his name, which he did not report to the Tax Authority.
The Tax Authority is currently in the process of increasing its cooperation with other tax authorities around the world, regarding the transfer of information. As of 2018, such information transfers have been agreed to be carried out automatically.
Over the past year, the Israel Tax Authority received information on more than 65,000 Israelis who manage accounts in American financial institutions. The information was transferred to Israel through the US Tax Authority, according to new legislation that requires the Israeli Tax Authority to pass on information to the Americans and vice versa.
