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Israel seizes assets of Medtronic subsidiary in $180 million tax dispute

Summary by Ynet News
An Israeli subsidiary of a U.S. medical device giant is fighting a $180 million tax bill, claiming it lacks the assets to pay and that negotiations for a settlement were underway before the state moved to seize its property

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Ynet News broke the news in Tel Aviv-Yafo, Israel on Monday, May 26, 2025.
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