EU ADDS CARIBBEAN FINANCIAL CENTRES TO ITS TAX COOPERATION BLACKLIST
October 12th, 2022
Caribbean islands offering offshore financial services have been named on a European Union (EU) blacklist that claims to target jurisdictions who give companies unfair tax breaks when parking their money in local bank accounts. The EU Council of Ministers on October 4 added the Turks & Caicos Islands, a UK overseas territory (OT), to the list, while re-listing another UK OT, Anguilla, which had been removed as recently as last October (2021) and The Bahamas, which had been removed in 2018. (1)
The EU has been operating its list of non-cooperative ...
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