EU: Updates to list of non-cooperative jurisdictions
EU blacklist now consists of 12 jurisdictions
EU blacklist now consists of 12 jurisdictions
The Council of the European Union yesterday adopted conclusions [PDF 317 KB] on the list of non-cooperative jurisdictions.
The Council agreed to remove the Bahamas and Turks and Caicos Islands from Annex I (the so-called “blacklist”) and move Belize and Seychelles from Annex I to Annex II (the so-called “grey list”).
Following this latest revision, the EU blacklist now consists of the following 12 jurisdictions: American Samoa, Anguilla, Antigua and Barbuda, Fiji, Guam, Palau, Panama, the Russian Federation, Samoa, Trinidad and Tobago, the U.S. Virgin Islands, and Vanuatu.
In addition, the following six jurisdictions were removed from the grey list, having fulfilled their previous commitments: Albania, Aruba, Botswana, Dominica, Israel, and Hong Kong.
As a result, the EU grey list now consists of the following ten jurisdictions: Armenia, Belize, the British Virgin Islands, Costa Rica, Curaçao, Eswatini, Malaysia, Seychelles, Turkey, and Vietnam.
Read a February 2024 report prepared by KPMG's EU Tax Centre
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