EU Adds Cayman Islands to Tax Haven Blacklist: FT

Feb. 12, 2020, 9:26 PM

EU27 ambassadors on Wednesday decided to add the Cayman Islands to the EU blacklist of foreign tax havens, the Financial Times reported, citing diplomats.

  • Cayman Islands is first U.K. overseas territory to be added to list; European finance ministers are set to confirm the move next week in Brussels
  • NOTE: Feb. 11, Turkey Tax-Haven Blacklist Decision Poses a Challenge to EU

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