INTERNATIONAL TECHNICAL ROUND UP – EU RELEASES TAX EVASION BLACK LIST

*The European Union (EU) Council of Ministers has published a blacklist of jurisdictions it thinks do not cooperate sufficiently with international efforts to reduce tax evasion. They are American Samoa, Bahrain, Barbados, Grenada, Guam, South Korea, Macau, the Marshall Islands, Mongolia, Namibia, Palau, Panama, Saint Lucia, Samoa, Trinidad & Tobago, Tunisia and the United Arab Emirates (UAE). These now face EU “defensive” measures, which could include additional taxation on trades and investment involving these jurisdictions, although the EU has yet to ...


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