Tuesday, 23 January 2018

EU removes Panama, seven others from tax-haven blacklist, triggering criticism

EU removes Panama, seven others from tax-haven blacklist, triggering criticism:

"European Union finance ministers agreed on Tuesday to remove eight jurisdictions, including much-criticised Panama, from the bloc’s blacklist of tax havens, one month after the list was set up.

The decision prompted an outcry from lawmakers and activists.

Barbados, Grenada, South Korea, Macao, Mongolia, Tunisia and the United Arab Emirates joined Panama as jurisdictions delisted “following commitments made at a high political level to remedy EU concerns,” according to a statement from the ministers."



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