As anticipated, the European list of non-cooperative jurisdictions in taxation matters drawn up at the end of 2017 was shortened by eight states (Barbados, Grenada, South Korea, Macao, Mongolia, Panama, Tunisia and the United Arab Emirates), at the meeting of the European finance ministers on Tuesday 23 January (see EUROPE 11939 and 11919).
Civil society organisations immediately spoke out against the decision. On behalf of Oxfam, Aurore Charonnet said that the EU was rushing to take...