Israel’s High Court of Justice has issued a temporary injunction against the enforcement of the US’s Foreign Account Tax Compliance Act in the country, in response to a suit filed there by the Republicans Overseas Israel, a US Republication party organisation comprised of expatriate Americans. Marc Zell, co-chairman of the Republicans Overseas Israel (ROI) confirmed reports of the temporary injunction in an email, and noted that an emergency hearing is to be held in connection with the matter “before September 15”. The ruling occurred on Wednesday, a day before enforcement efforts wer...
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