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European Parliament Approves Resolution Calling for U.S. to Join Common Reporting Standard

|Proposed Changes|European Union-United States
European Union-United States

The European Parliament has issued a release on the adoption of a new resolution in light of the Pandora Papers, including calls for investigations, clampdowns, and new laws. As part of the resolution, which was adopted on 21 October 2021, the parliament calls for action on the global stage, including for the U.S. to join the Common Reporting Standard (CRS) considering the use of certain U.S.…

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