On Tuesday 13 March, the finance ministers of the European Union will remove Bahrain, the Marshall Islands and St Lucia from the EU's blacklist of non-cooperative jurisdictions in taxation matters, according to a document of the corporate taxation code of conduct group of the Council of the EU, of which EUROPE has had sight.
The problems raised by Bahrain principally concerned transparency. The country did not carry out an automatic exchange of fiscal information with all member states and...