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EU Blacklists Four Caribbean Territories
March 3, 2021
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The Council of the European Union (EU), on 22 February 2021, announced changes to the EU list of non-cooperative jurisdictions for tax purposes. Several of these changes affect Caribbean jurisdictions.
Four territories in the region are on the “blacklist.” The status of Anguilla, Trinidad and Tobago, and the United States Virgin Islands remains unchanged from the last bulletin. According to the EU conclusion, unresolved issues with these countries may include the following:
• Not rated at least “Largely Compliant” by the Global Forum on Transparency and Exchange of Information for Tax Purposes for Exchange of Information on Request
Published: 26 February 2021
Saint Luci: - The Council of the European Union (EU), on 22 February 2021, announced changes to the EU list of non-cooperative jurisdictions for tax purposes. Several of these changes affect Caribbean jurisdictions.
Four territories in the region are on the “blacklist.” The status of Anguilla, Trinidad and Tobago, and the United States Virgin Islands remains unchanged from the last bulletin. According to the EU conclusion, unresolved issues with these countries may include the following:
• Not rated at least “Largely Compliant” by the Global Forum on Transparency and Exchange of Information for Tax Purposes for Exchange of Information on Request
Barbados has been officially removed from the European Union’s (EU) controversial tax blacklist. This morning, the EU Council adopted its latest list of non-cooperative jurisdictions for tax purposes and Barbados was not on it. Minister of International Business Ronald Toppin confirmed the news and said Government was “very pleased about this”. There are, however, other Caribbean countries included, with Anguilla and Trinidad and Tobago still the on list, and Dominica …