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slow Anthony close work weamp;#39;re here today to talk about tax and reporting requirements for US persons that may be living in Israel or Israelis that may be living in the United States thereamp;#39;s very specific issues with taxes for each country because of things like tax treaties is there a u.s. Israel tax treaty yep thereamp;#39;s a u.s. Israeli tax treaty that can provide some benefits sometimes theyamp;#39;re the treaties say one thing but thereamp;#39;s something in there called the savings clause I can do undo a lot of the good that the treaty is intended to do but the good news is that you are entitled to a foreign tax credit for taxes paid to Israel or actually any other foreign country and there if youamp;#39;re living in Israel as a foreign income exclusion which is helpful because as a u.s. person you are your income is taxable worldwide even if youamp;#39;re also in Israeli citizen okay now tell me about some specific Israeli text issues well Bank Leumi is dee