Summary: Today on The Cost of Doing Business:What’s good for the Bibi…. while Benjamin Netanyahu shakes off allegations of misconduct involving an off-shore bank account in Jersey back in 2003, many Israelis follow in his footsteps. But just how many? And has increased international scrutiny on tax havens made it difficult for Israelis to stash their cash abroad? Dr. Avi Nov, a tax lawyer specializing in Israeli and international tax law, answers our questions.As the entire world discusses the scandal surrounding celebrity rabbi Yoshiyahu Pinto – currently under investigation for allegedly bribing senior police officers and foiling an FBI investigation – we take a step back to ask: Who is Yoshiyahu Pinto and how did he manage to charm large swaths of Israel’s business elite? Shuki Sade, Senior Correspondent for financial newspaper TheMarker, the incredible story of Pinto’s ascent.One of the biggest anti-trust cases in Israel’s recent history? Why did British confectionery giant Cadbury fail to leave its mark on the Israeli market? Hint: nothing to do with their taste. David Rosenberg, Economics Editor for Haaretz in English spills the (cocoa) beans.A new bill aims to ban banks from charging commission for basic services such as using an ATM or making deposits, as they currently do. Member of Knesset Gila Gamliel (Likud), the main legislator behind the bill, explains why Israel’s banks need to pull their socks up.Israelis are flocking en masse to the US real estate market. Why so? Amir Peleg, partner at real estate investment firm Safe Future, explains the benefits and the dangers of investing in US real estate. Playlist:The Waterboys: Fisherman’s BluesRobert Plant – Satan Your Kingdom Must Come Down Ozzy Osbourne – I just want you Psychic TV – The Orchids Gutter Twins – Down the Line
