Bahamas and Saint Kitts & Nevis move off EU blacklist

The Council of the EU has moved the Bahamas and Saint Kitts & Nevis to the lower-risk annex II of the EU’s list of non-cooperative tax jurisdictions. This reflects commitments made by both jurisdictions at a high political level in March to remedy EU concerns.

Seven jurisdictions remain on the blacklist in annex I: American Samoa Guam Namibia Palau Samoa Trinidad and Tobago and the US Virgin Islands. See https://bit.ly/2sj8nee.