EU Adds Vietnam to List of Tax Haven Countries

EU countries have added Vietnam and the British overseas territory of Turks and Caicos Islands to its list of countries who don’t apply good tax governance.

Further, they removed Samoa, Fiji, and Trinidad and Tobago from the list.

The new list released by the Council of the European Union will be approved by the bloc’s finance and economy ministers when they meet in Brussels on Tuesday.

“Viet Nam does not have a rating of at least ‘Largely Compliant’ by the Global Forum for exchange of information on request,” according to the EU Council document, referring to ...