Tags: Tax Blacklist

EU Adds 4 Jurisdictions to Its Blacklist of Tax Havens

EU Adds 4 Jurisdictions to Its Blacklist of Tax Havens

Tuesday, 18 February 2020 05:38 AM

BRUSSELS (AP) — The European Union has added four countries and jurisdictions to its blacklist of tax havens.

EU finance ministers decided to add the Cayman Islands, Palau, Panama and the Seychelles to the list of jurisdictions that have not implemented the necessary tax reforms to be in line with EU standards.

The EU has set up the system to sanction those it deems guilty of unfairly offering tax avoidance schemes.

Eight jurisdictions were already listed.

© Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
GlobalTalk
The European Union has added four countries and jurisdictions to its blacklist of tax havens. EU finance ministers decided to add the Cayman Islands, Palau, Panama and the Seychelles to the list of jurisdictions that have not implemented the necessary tax reforms to be in...
Tax Blacklist
75
2020-38-18
Tuesday, 18 February 2020 05:38 AM
Newsmax Media, Inc.
 
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved