The European Council has confirmed that Aruba, Barbados, and Bermuda are to be removed from the EU’s list of non-cooperative tax jurisdictions.
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Lowtax.net News: EU Expands Tax Blacklist, Penalizing Non-Reformers
The EU has tripled its list of non-cooperative tax jurisdictions to include 15 countries.
Lowtax.net News: Ireland, Malta To Close ‚Single Malt‘ Tax Loophole
The tax authorities of Ireland and Malta have signed a Competent Authority Agreement in a bid to prevent the use of the so-called „Single Malt“ tax planning structure.
Lowtax.net News: Abu Dhabi Global Market Begins To Offer Foundations
Abu Dhabi Global Market (ADGM), the international financial center in Abu Dhabi, has confirmed the launch of its own foundations regime.
Lowtax.net News: Barbados Joins BEPS Inclusive Framework
Barbados has joined the OECD’s base erosion and profit shifting Inclusive Framework as its 101st member.
Lowtax.net News: Gibraltar Says Gaming Industry Resilient, Growing
Gibraltar has reported continued growth in its remote gambling industry.
Lowtax.net News: Belize, Cayman To Adopt BEPS Minimum Standards
Belize and the Cayman Islands have agreed to participate in the base erosion and profit shifting project as Associate members, committing to implement minimum BEPS standards.
Lowtax.net News: Cyprus To Sign BEPS Convention In June
Cyprus has announced it will sign OECD Multilateral Convention to implement tax treaty-related measures to prevent base erosion and profit shifting.
Lowtax.net News: BVI Completes Five-City China Trade Mission
Over the past 30 years, BVI companies have been used to build wealth by those in China, Orlando Smith, the British Virgin Islands‘ Premier and Finance Minister, told the China Offshore Summit.
Lowtax.net News: Guernsey Seeks Feedback On CbC Reporting Framework
The States of Guernsey has launched a public consultation on implementing a new country-by-country reporting requirement for large corporations.
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