EU Adds Three Tax Haven Countries, Cuts Three From Watchlist

Oct. 17, 2023, 1:24 PM UTC

European Union finance ministers Tuesday approved an update to the bloc’s list of jurisdictions considered uncooperative on tax, adding three and removing three, leaving the list with 16 entries.

Ministers added Antigua and Barbuda, Belize and Seychelles due to them falling short in responding to requests for tax information. British Virgin Islands, Costa Rica and the Marshall Islands were removed after making improvements, the Council of the EU, which represents member country governments, said in a statement.

British Virgin Islands was taken off the tax haven list because it “has amended its framework on exchange of information on request,” ...

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