Playtech to pay $32m additional tax to Israeli authorities
No penalties are to be imposed as a result of the audit and the agreement will cover the entirety of the Playtech group's activity in Israel.
Approximately 170,000 Americans live in Israel. In total, more than one million U.S. citizens and green card holders – who both live overseas and own more than 10% of a foreign corporation – faced the prospect of paying the tax.(photo credit: REUTERS)ByEYTAN HALONUpdated:
