EU Council approves the list of non-cooperative jurisdictions

On 5 December 2017, the Council of the European Union approved the list of non-cooperative jurisdictions for tax purposes.  Those appearing on the list failed to take meaningful action to address deficiencies identified and did not engage in a meaningful dialogue on the basis of the EU’s criteria of transparency, fair taxation and anti-BEPS measures. […]

Written By ACT Team

On December 11, 2017
"

Read more

On 5 December 2017, the Council of the European Union approved the list of non-cooperative jurisdictions for tax purposes.  Those appearing on the list failed to take meaningful action to address deficiencies identified and did not engage in a meaningful dialogue on the basis of the EU’s criteria of transparency, fair taxation and anti-BEPS measures.

The jurisdictions that appear on the List are American Samoa, Bahrain, Barbados, Grenada, Guam, Korea (Republic of), Macao SAR, Marshall Islands, Mongolia, Namibia, Palau, Panama, Saint Lucia, Samoa, Trinidad and Tobago, Tunisia and United Arab Emirates.

The Council’s conclusions on the list of non-cooperative jurisdictions can be found in this link http://www.consilium.europa.eu/media/31945/st15429en17.pdf.

How can we help?  

For further information, please contact one of the firm’s tax partners, Stephen Balzan on [email protected] or Elaine Camilleri [email protected]. ACT can help you understand the changes to the tax rules and how these can impact your business.  

Apart from its offices in St. Julian’s Malta, ACT operates from a second office in Gozo, which is situated in the capital city of Victoria.  For an appointment in our Gozo office, please call on 00356 21378672 or send us an email on [email protected].