{"id":310020,"date":"2023-10-18T14:06:17","date_gmt":"2023-10-18T18:06:17","guid":{"rendered":"https:\/\/dominicanewsonline.com\/news\/?p=310020"},"modified":"2023-10-18T14:06:17","modified_gmt":"2023-10-18T18:06:17","slug":"antigua-and-barbuda-added-to-the-eus-non-cooperative-tax-jurisdictions-list","status":"publish","type":"post","link":"https:\/\/dominicanewsonline.com\/news\/homepage\/antigua-and-barbuda-added-to-the-eus-non-cooperative-tax-jurisdictions-list\/","title":{"rendered":"Antigua and Barbuda added to the EU’s non-cooperative tax jurisdictions list"},"content":{"rendered":"
\"\"
The European Union flag<\/figcaption><\/figure>\n

The European Union (EU) has recently added Antigua and Barbuda, Belize, and Seychelles to its list of non-cooperative jurisdictions for tax purposes. At the same time, the British Virgin Islands, Costa Rica, and the Marshall Islands have been removed from the list.<\/p>\n

This brings the total number of jurisdictions on the EU’s list to 16. The EU Council made the decision to add the three countries due to their lack of cooperation concerning the exchange of tax information upon request. These jurisdictions have been identified as non-cooperative on tax matters, and the council has encouraged them to enhance their legal framework to address the identified issues.<\/p>\n

The EU’s list of non-cooperative tax jurisdictions also consists of countries that have not engaged in constructive dialogue with the EU on tax governance or have failed to implement necessary reforms. These reforms should align with key tax governance criteria, emphasizing tax transparency, fair taxation, and the implementation of international standards to prevent tax base erosion and profit shifting. The EU’s code of conduct group collaborates closely with international bodies like the OECD Forum on Harmful Tax Practices to promote global tax good governance.<\/p>\n

The EU’s list of non-cooperative jurisdictions for tax purposes was established in December 2017 and aligns with the EU’s external strategy on taxation. It contributes to ongoing efforts to promote global tax good governance and is updated biannually, with the next revision scheduled for February 2024. The council’s decisions are crafted by the council’s code of conduct group, which also oversees the monitoring of tax measures in EU member states.<\/p>\n","protected":false},"excerpt":{"rendered":"The European Union (EU) has recently added Antigua and Barbuda, Belize, and Seychelles to its list of non-cooperative jurisdictions for tax purposes. At the same time, the British Virgin Islands, Costa Rica, and the Marshall Islands have been removed from…","protected":false},"author":13,"featured_media":310021,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_cbd_carousel_blocks":"[]","footnotes":""},"categories":[286,77,235,6,76,9,14],"tags":[],"class_list":["post-310020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-governance","category-homepage","category-homepage-carousel","category-international-news","category-international-relations","category-news","category-regional"],"acf":[],"yoast_head":"\nAntigua and Barbuda added to the EU's non-cooperative tax jurisdictions list - Dominica News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dominicanewsonline.com\/news\/homepage\/antigua-and-barbuda-added-to-the-eus-non-cooperative-tax-jurisdictions-list\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Antigua and Barbuda added to the EU's non-cooperative tax jurisdictions list - Dominica News Online\" \/>\n<meta property=\"og:description\" content=\"The European Union (EU) has recently added Antigua and Barbuda, Belize, and Seychelles to its list of non-cooperative jurisdictions for tax purposes. 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