EU - Tax Blacklist Amended

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Further to a previous bulletin we can bring you news that the European Council has removed the Bahamas and Saint Kitts and Nevis from the EU's list of non-cooperative tax jurisdictions.

As previously discussed the EU’s list is contributing to on-going efforts to prevent tax fraud and promote good governance worldwide. It was established in December 2017.

“Having fewer jurisdictions on the list is a measure of the success of the listing process", said Vladislav Goranov, minister for finance of Bulgaria, which currently holds the Council presidency. “As jurisdictions around the world work to reform their tax policies, our challenge for the rest of the year will be to see that their commitments have been correctly implemented.”

This leaves American Samoa, Guam, Namibia, Palau, Samoa, Trinidad and Tobago and the US Virgin Islands as the seven members of the list.

The full press release can be read here.

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