EU to remove 8 countries from offshore black list

Beijing. 16 January. Silkroadnews - The European Union intends to remove 8 countries from the tax havens blacklist, the Kazakh Telegraph Agency (KazTAG) reports with reference to TASS.
As Reuters reported on Monday, Panama, South Korea, the United Arab Emirates, Barbados, Grenada, Macau, Mongolia and Tunisia are proposed to be delisted.
The EU executive bodies have made such a proposal because the authorities of these jurisdictions have committed to change their tax rules to meet the EU requirements in this field, the report said.
According to the sources, the initiative will be discussed on Wednesday, January 17, at the meeting of the level of the EU states’ Permanent Representatives. The final decision is expected to be taken next week at the meeting of the EU finance ministers in Brussels.
In December of last year, the blacklist included American Samoa, Bahrain, Barbados, Grenada, Guam, the Republic of Korea, Macao, the Marshall Islands, Mongolia, Namibia, Palau, Panama, Saint Lucia, Samoa, Trinidad and Tobago, Tunisia and United Arab Emirates.
Another 47 countries and territories were included in the so-called gray list. Among them are Turkey, Switzerland, Liechtenstein, Serbia, Montenegro, Macedonia, Albania, Bosnia and Herzegovina, Armenia, Thailand, Vietnam, Hong Kong, Uruguay, Peru, Morocco, Jordan and other countries.