The ‘Ecofin’ Council officially confirmed on Friday 8 November Belize’s removal from the European ‘black’ list of non-cooperative countries and territories for tax purposes (see EUROPE B12360A5).
This Caribbean country has adopted the necessary reforms for improving the tax regime for international businesses that was to be implemented by the end of 2018, European finance ministers said. Belize is now on the European ‘grey’ list of countries that have made commitments, such as...