EU to remove UK, Dutch overseas territories from tax haven blacklist

13-5-2019 In-Cyprus In-Cyprus Cool

EU to remove UK, Dutch overseas territories...

European Union finance ministers are set to remove this week the British overseas territory of Bermuda, the Dutch Caribbean island of Aruba and Barbados from the bloc’s blacklist of tax havens, an EU official said on Monday.

The three islands were added to the list in March because the EU found shortfalls in their tax rules that could favour tax evasion in other states.

The decision, which is due to be formalised by EU finance ministers in a meeting on Friday, will remove from the list the only EU territories that are currently on it.

EU countries are not...

This article was automatically added to our system 13-5-2019

EU to remove UK, Dutch overseas territories from tax haven blacklist

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