The Council adopted conclusions on the revised EU list of non-cooperative jurisdictions for tax purposes. A total of 12 countries have either not engaged in a constructive dialogue with the EU on tax governance or have failed to deliver on their commitments to implement the necessary reforms.
Bermuda was formally removed from the grey list by the Council of the European Union today, as it added Anguilla, The Bahamas and Turks and Caicos Islands to the black list.
The Council said in a stat.
SENATOR Aubyn Hill said changes made in the Senate on Friday to the Special Economic Zones (SEZs) Act are to ensure compliance with international obligations.
The proposed amendments to the SEZ A.
After languishing on a register of shame instituted by European governments, Bermuda appears set to be “white-listed” by the European Union.
It is the ultimate answer to any suggestion that Bermuda is.
Anton Vella Laurenti has joined the tax advisory team of Malta-based law firm WH Partners. With over 30 years of experience, he will provide both local and inte