Member States' ambassadors to the European Union (Coreper) on Wednesday 5 June endorsed Dominica's removal from the European blacklist of non-cooperative jurisdictions for tax purposes, confirmed a European source in EUROPE.
Dominica, which ratified the OECD Multilateral Convention on Mutual Administrative Assistance in tax matters at the end of April, also signed the Multilateral Competent Authority Agreement on 30 April 2019 and completed its national procedures on 1 May 2019. Dominica will start exchanging information with EU Member States from December 2019.
At the Ecofin Council on 17 May, Romanian Finance Minister Eugen Orlando Teodorovici had already indicated at a press conference that the island would soon leave the blacklist (see EUROPE 12257/3).
Once this withdrawal has been formally endorsed by the ECOFIN Council on 14 June, Belize, Fiji, Marshall Islands, Oman, United Arab Emirates, Vanuatu, American Samoa, Guam, Samoa, Trinidad and Tobago and the United States Virgin Islands will remain on the blacklist. (Original version in French by Marion Fontana)