EU: Updates to list of non-cooperative jurisdictions

Council of the European Union adopted conclusions

Council of the European Union adopted conclusions

Article Posted date 17 October 2023

The Council of the European Union today adopted conclusions [PDF 131 KB] on the list of non-cooperative jurisdictions.

  • The Council added one jurisdiction—Antigua and Barbuda—to Annex I (the so-called “blacklist”) and moved two jurisdictions—Belize and Seychelles—from Annex II (the so-called “grey list”) to Annex I.
  • The Council also moved two jurisdictions—British Virgin Islands and Costa Rica—from the blacklist to the grey list, and removed one jurisdiction—Marshall Islands—from the blacklist.
  • In addition, four jurisdictions—Jordan, Montserrat, Qatar and Thailand—were removed from grey list as they had fulfilled their previous commitments.

Following these latest revisions:

  • The blacklist now consists of the following 16 jurisdictions: American Samoa, Anguilla, Antigua and Barbuda, the Bahamas, Belize, Fiji, Guam, Palau, Panama, Russian Federation, Samoa, Seychelles, Trinidad and Tobago, Turks and Caicos Islands, U.S. Virgin Islands and Vanuatu.
  • The grey list includes the following 14 jurisdictions: Albania, Armenia, Aruba, Botswana, British Virgin Islands, Costa Rica, Curacao, Dominica, Eswatini, Hong Kong, Israel, Malaysia, Türkiye, and Vietnam. 

Read an October 2023 report prepared by the KPMG EU Tax Centre

 

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