Important Announcement
The EU is working to improve international tax governance, given the global nature of unfair tax competition.
The EU list of non-cooperative jurisdictions for tax purposes is a tool to tackle, tax fraud, tax avoidance and money laundering.
The list states non-EU countries that encourage abusive tax practices, which erode member states’ corporate tax revenues.
Anguilla, Dominica and Seychelles have been removed from the EU list of non-cooperative jurisdictions for tax purposes.
The official European Council Press Release
The information provided by A.G. Paphitis & Co. LLC is for general informational purposes only and should not be construed as professional or formal legal advice. You should not act or refrain from acting based on any information provided above without obtaining legal or other professional advice.
Should you have any questions please contact us.
