On Tuesday, 18 February, the Economic and Financial Affairs (Ecofin) Council reviewed the European Union’s blacklist of non-cooperative jurisdictions for tax purposes and made no changes. However, Brunei Darussalam was added to the EU’s ‘grey list’ of jurisdictions that have made commitments with respect to good tax governance.
As a result, the blacklist still includes 11 jurisdictions: Anguilla, Fiji, Guam, the US Virgin Islands, Palau, Panama, the Russian Federation, Samoa,...