BUSINESS | EU Adds Seychelles, Cayman Islands, Panama To Tax Haven Blacklist, Spares Turkey

BRUSSELES  - European Union finance ministers added Panama, the Seychelles, the Cayman Islands and Palau to the EU’s blacklist of tax havens, while giving Turkey more time to avoid being listed, an EU document said on Tuesday. The list, which was set up in 2017 after revelations of widespread tax evasion and avoidance schemes, now … Continue reading BUSINESS | EU Adds Seychelles, Cayman Islands, Panama To Tax Haven Blacklist, Spares Turkey

EU Removes UAE, Switzerland, Mauritius From Tax Haven Listes

LUXEMBOURG – European Union finance minister agreed to remove the United Arab Emirates, Switzerland and Mauritius from the bloc’s list of countries deemed to be acting as tax havens,  a move that activists called a “whitewash”. The 28-nation EU set up a blacklist and a gray list of tax havens in December 2017 after revelations … Continue reading EU Removes UAE, Switzerland, Mauritius From Tax Haven Listes