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The US and Iran did not draft a written settlement agreement or any other formal documentation of the cash transfers, and Iran directed the Iran-US Tribunal at the Hague that it not record the settlement of its claim.
Using the US' enormous economic clout, FATCA bullies the world's financial institutions into reporting on their American clients to Uncle Sam.
A plan to stop tax evasion also threatens to break all limits of confidentiality of Americans in Israel.