The non-cooperative jurisdictions in taxation matters on the EU's blacklist represent just 1% of the financial secrecy services that allow companies to facilitate unlawful financial flows within the EU, with one third actually originating in the member states of the EU themselves. These are the findings of a new study published on Sunday 23 September by the Tax Justice Network.
“It is hard to call the EU's tax haven blacklist an effective firewall against economic threats when it fails to...