DataScope Gets EU Tax Data

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Reuters has added data to its DataScope back-office suite to help firms comply with the EU Savings Tax Directive.

The vendor has created five new data fields to enable users to determine whether particular securities are subject to the directive, which taxes payments on interest-bearing securities.

The first field states whether a security is subject to the tax, or whether it is "grandfathered," or exempt because it was issued before March 1, 2001. The second indicates whether a security has b

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