Finance ministers of the European Union member states agreed on Tuesday to add 3 more countries to the list of states that the EU bloc considers tax havens, Reuters reports.
3 countries: Anguilla, Bahamas and Turks and Caicos Islands, so the list has 12 names. Countries already in it: American Samoa, Fiji, Guam, Palau, Panama, Samoa, Trinidad and Tobago, US Virgin Islands and Vanuatu.
The Turks and Caicos Islands, located near the Bahamas and Cuba, entered the list for the first time. But the Bahamas was added to the list once in 2018 and then dropped, as was Anguilla in 2020.
Controversially, last October EU finance ministers decided to exclude the Seychelles, an island nation in the Indian Ocean at the center of the Pandora Papers scandal, which has shaken heads of state and officials around the world.
“Fair taxation is an advantage for all of us. That is why the EU and international partners have a common interest in combating tax base erosion and profit shifting,” Czech Foreign Minister Zbynek Stanjura, whose country holds the EU presidency, said on Tuesday.
The EU takes this list into account in its decisions regarding the development of economic cooperation with third world countries.
Source: Hot News RO
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