Diamond traders in Israel are being persuaded by the Israel Tax Authority and Israel’s diamond controller Shmuel Mordechai to declare cash transfers ( to or from the country), reports say. Recently there have been number of cases of cash smuggling noted in the country, when cash has been brought into the country but either not fully declared or partially declared. %% It is not a policy in Israel to tax cash transfers, but its declaration is required by international agreements to avoid money laundering, reports add. The Israeli diamond controller informed that diamantaires must abide by this to avoid legal punishment.