Brussels has updated the «black list» of tax havens

The European Union has approved a blacklist of 17 offshore companies that can be sanctioned, reports Reuters with reference to representatives of the EU.

European Commissioner for economy and Finance Pierre Moscovici also said that «on the Council’s agenda — adoption of the first European blacklist of tax havens». The list will include about twenty countries that did not heed the exhortations of the European Union and has not changed anything in the tax rules in their countries. In several countries, which is working to change tax regimes such as Panama, Samoa, the territory of the Gum and the Marshall Islands, in the list of sanctions will not fall.

We will remind, to avoid falling into the «black list» of offshore EU country must meet the tax criteria, which makes the EU, namely «to have just a clear tax rules without preferences or conditions, allowing the companies to evade taxes. They should also introduce the transparency standards», according to the Agency.

Brussels has updated the «black list» of tax havens 05.12.2017

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