Europe removes Cayman Islands from the list of tax havens, but joins Anguilla and Barbados
Anguilla and Barbados become tax havens, while Cayman Islands and Oman have been removed from the list drawn up by the European Union.
The Council of the European Union (EU) decided this Tuesday to remove the Cayman Islands and Oman from the list of non-cooperative jurisdictions for tax purposes, adding the so-called tax havens to the Anguilla and Barbados archipelago.
“The Council today decided to add Anguilla and Barbados to the EU list of non-cooperative jurisdictions for tax purposes. The Cayman Islands and Oman were removed from the list after the necessary reforms to improve their fiscal policy framework were approved ”, justifies the structure in a press release.
With the changes made this Tuesday, following a previous one last February, there are 12 tax havens identified by the EU: American Samoa, Anguilla, Barbados, Fiji, Guam, Palau, Panama, Samoa, Seychelles, Trinidad and Tobago, the US Virgin Islands and Vanuatu.
Created in 2017, the European list of non-cooperative jurisdictions for tax purposes is part of the EU’s external tax strategy, aimed at promoting good governance worldwide.
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