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EU's revised list of noncooperative jurisdictions for tax purposes is unchanged; state-of-play overview is modified

21 February 2025

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Tax Alerts, National/Federal Taxation, G...

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European Union

On 18 February 2025, the European Union (EU) Finance Ministers approved the report of the Code of Conduct on Business Taxation and adopted revisions of the EU state-of-play overview (Annex II). No changes were made to the EU List of noncooperative jurisdictions for tax purposes (Annex I).Costa Rica and Curaçao were removed, while Brunei Darussalam was added to the state-of-play overview.The next revision to the EU list of noncooperative jurisdictions for tax purposes is expected in October 2025.  Executive summaryOn 18 February 2025, the Council of the European Union (the Council) held an Economic and Financial Affairs Council (ECOFIN) meeting...