Council conclusions on the revised EU list of non-cooperative jurisdictions for tax purposes

The latest Council conclusions on the revised EU list of non-cooperative jurisdictions for tax purposes were published in the Official Journal (OJ) of the EU. The conclusions follow the latest review of the list by the European Council (EC) which decided to add Antigua and Barbuda, Belize, and the Seychelles to the EU list of non-cooperative jurisdictions for tax purposes. Based upon the latest assessment of the Code of Conduct Group on Business Taxation (Code of Conduct Group), the EC determined to (re-)list these countries due to insufficient cooperation in tax-related matter. The British Virgin Islands, Costa Rica, and Marshall Islands were removed from the list. The updated list is noted below:
1. American Samoa
2. Anguilla
3. Antigua and Barbuda
4. Bahamas
5. Belize
6. Fiji
7. Guam
8. Palau
9. Panama
10. Russian Federation
11. Samoa
12. Seychelles
13. Trinidad and Tobago
14. Turks and Caicos Islands
15. US Virgin Islands
16. Vanuatu
The list covering jurisdictions that do not yet comply with all international tax standards but that have committed to implementing tax good governance principles (Annex II) now includes the following jurisdictions after Jordan, Qatar, Montserrat, and Thailand were removed from the list following the successful fulfillment of their commitments
1. Albania
2. Armenia
3. Aruba
4. Botswana
5. British Virgin Islands
6. Costa Rica
7. Curaçao
8. Dominica
8. Eswatini
9. Hong Kong
10. Israel
11. Malaysia
12. Turkey
13. Vietnam
The EU list is part of ongoing efforts to prevent tax avoidance and to promote principles of good governance such as tax transparency, fair taxation or international standards against tax base erosion and profit shifting.