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While the European Union countries haven't yet been able to agree on a "federal" policy for taxing corporations, they've found accord on another business issue -- accounting standards. The EU is poised to adopt the International Accounting Standards and the 15 member states are expected to finalize a law requiring all publicly listed EU companies to use IAS for quarterly and annual filings.
May 09, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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