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since the revelations such as the Pandora papers and open looks it is now common knowledge that shall entities are being used to shift and hide billions in wealth and profits every year for corporations on high net worth individuals within the EU now to get to the heart of an issue like this we do need ambition and the text is a welcome step forward and uh but I think most of us agree that weve a lot more to do a huge Suite of potential offenders are excluded from the text through exemptions to financial services and with the scope limited to the EU it does nothing to tackle companies with shells registered in Third Country tax Havens like the Cayman Islands and the British Virgin Islands its a start but we have a long way to go