On Tuesday 17 February, European finance ministers are expected to approve an update to the European Union’s ‘black’ list of jurisdictions that do not cooperate for tax purposes. Vietnam and the Turks and Caicos Islands will be added, while Fiji, Samoa and Trinidad and Tobago will be removed.
According to the draft conclusions, the Code of Conduct Group considered that Vietnam had not obtained at least a ‘Largely Compliant’ rating from the Global Forum for exchange of information...