On 12th March 2019 Council of the European Union delivered the conclusions on the revised EU list of non-cooperative jurisdictions for tax purposes.
The Council recognized the work of the Code of Conduct Group on Business Taxation (“Code of Conduct Group”), supported by the General Secretariat of the Council and with the assistance of the European Commission services, as well as the relevant OECD fora, monitoring the implementation of tax good governance principles by jurisdictions.
However, due to the fact that a number of jurisdictions have not enacted by the end of 2018 all committed measures, whilst some jurisdictions have not implemented any or some of the tax good governance principles, the Council endorsed accordingly the revised EU list of non-cooperative jurisdictions for tax purposes as follows:
- American Samoa
- Marshall Islands
- Trinidad and Tobago
- United Arab Emirates
- US Virgin Islands
The full report dated the 12th of March, 2019 outlining the reasons for the inclusion of the above mentioned jurisdictions in the EU list of non-cooperative jurisdictions can be found on this link:
For more information, please contact:
Franco Falzon C.P.A.. LL.M
Olga Ivanova LL.M
T: +356 2010 7771
While FF International Limited (hereinafter referred to as “FFI”) endeavours to ensure that any information published in articles / publications / memos / updates (including any information published on our website) is accurate as at the time of publication, FFI nor any of their respective directors, partners, officers, employees, or agents make any representation or warranty (express or implied) or accept or will accept any responsibility or liability in relation to the accuracy or completeness of the information contained published in our articles / publications / memos / updates (including any information published on our website) or any other written or oral information made available or published on our articles / publications / memos and updates. Any responsibility or liability in respect of any such information or any inaccuracy or omission arising from any article / publication / memo is expressly disclaimed. In particular, but without prejudice to the generality of the foregoing, no representation or warranty is given as to the achievement or reasonableness of any future projections, estimates, prospects or returns published on our articles / publications / memos / updates (including any information published on our website) . The content of the above article / publication / memo / update and any information published on our website is intended to serve solely as general information only and its purpose is not to provide any specific professional advice whether of a financial, legal, tax or other nature. Since it is recommended that business decisions be based only on qualified professional advice, neither FFI nor any related company belonging to FFI nor any of the respective directors, partners, officers, employees, or agents of FFI will be held liable for any damages which might result as a consequence of relying on the information contained within. FFI including any directors, partners, officers, employees, or agents of FFI and / or any entity related to FFI accept no liability whatsoever for the content of this article / publication / memo / update for the consequences of any actions taken on the basis of the information provided. If you have any questions relating to the accuracy and correctness of the above article / publication / memo / updates or any information published on our website you are kindly requested inform us by sending us an email on firstname.lastname@example.org