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The United States and five European nations are pledging to crack down on global tax evaders.
The US government says it signed a joint agreement with France, Germany, Italy, Spain and the United Kingdom to intensify their efforts to fight international tax evasion.
The Treasury Department also announced that the Internal Revenue Service is publishing proposed rules investors will have to follow in reporting on earnings from foreign bank accounts.
The regulations implement a 2010 law Congress passed aimed at cracking down on taxpayers using foreign accounts to avoid paying US taxes. - Sapa-AP
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