Monday 15 January 2018

EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist

EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist:

"European Union officials have proposed removing eight jurisdictions from the blacklist of tax havens the bloc adopted in December, in what critics may see as a blow to its campaign against tax avoidance.

EU states decided last month to draw up the list in a bid to discourage the most aggressive tax dodging practices.

But eight of the 17 jurisdictions currently listed are set to be quickly removed from the list after they offered to change their tax rules, according to EU documents seen by Reuters."



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