On Tuesday 17 February, European finance ministers approved an update to the EU’s ‘black’ list of uncooperative jurisdictions for tax purposes. Vietnam and the Turks and Caicos Islands have been added, while Fiji, Samoa and Trinidad and Tobago were removed (see EUROPE 13808/20).
As a result, the ‘black’ list now includes ten jurisdictions, eight of which have remained on it for several years: Anguilla, Guam, the US Virgin Islands, Palau, Panama, Russia, American Samoa and Vanuatu.
With regard to the EU’s ‘grey’ list of jurisdictions committed to governance, Antigua and Barbuda and the Seychelles have been removed, as they have received a positive assessment from the Global Forum regarding their systems for exchanging tax information on request. Brunei has been granted a six-month extension to reform its foreign-source income exemption regime. This additional time will allow Brunei to implement the changes required to be delisted.
The next update is scheduled for October.
To read the conclusions: https://aeur.eu/f/krf (Original version in French by Anne Damiani)