EU Council: 2 Jurisdictions Removed from EU List of Non-Cooperative Tax Jurisdictions

On 25 May 2018, the Council removed the Bahamas and Saint Kitts and Nevis from the EU’s list of non-cooperative tax jurisdictions.

The EU’s list is contributing to on-going efforts to prevent tax fraud and promote good governance worldwide. It was established in December 2017.

“Having fewer jurisdictions on the list is a measure of the success of the listing process”, said Vladislav Goranov, minister for finance of Bulgaria, which currently holds the Council presidency. “As jurisdictions around the world work to reform their tax policies, our challenge for the rest of the year will be to see that their commitments have been correctly implemented.”