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Scott Michel Comments on Israeli Bank's Response Amid IRS Scrutiny of Undeclared Offshore Accounts
Caplin & Drysdale

Scott Michel Comments on Israeli Bank's Response Amid IRS Scrutiny of Undeclared Offshore Accounts

Date: 11/1/2010

Leumi (LUMI.TA), Israel's biggest bank, is requiring U.S. clients to declare their deposits to the Internal Revenue Service, amid heightened scrutiny of offshore accounts by U.S. authorities. Scott Michel, member and president of Caplin & Drysdale, comments on the implications of this recent development. Read >>

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