The EU has updated its list of non-cooperative tax jurisdictions for tax purposes. The European Council has removed four jurisdictions – Bahamas, Belize, Seychelles, and Turks and Caicos Islands – from the list of non-cooperative jurisdictions. 12 jurisdictions remain on the ‘Annex I’ list, which covers those which have failed to attain the necessary governance standards: American Samoa, Anguilla, Antigua and Barbuda, Fiji, Guam, Palau, Panama, Russia, Samoa, Trinidad and Tobago, US Virgin Islands, and Vanuatu.
Belize and Seychelles have been moved to the Annex II list, which indicates they have committed to comply with required criteria but have not yet done so.
The EU has updated its list of non-cooperative tax jurisdictions for tax purposes. The European Council has removed four jurisdictions – Bahamas, Belize, Seychelles, and Turks and Caicos Islands – from the list of non-cooperative jurisdictions. 12 jurisdictions remain on the ‘Annex I’ list, which covers those which have failed to attain the necessary governance standards: American Samoa, Anguilla, Antigua and Barbuda, Fiji, Guam, Palau, Panama, Russia, Samoa, Trinidad and Tobago, US Virgin Islands, and Vanuatu.
Belize and Seychelles have been moved to the Annex II list, which indicates they have committed to comply with required criteria but have not yet done so.
