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EU Ministers revise list of noncooperative jurisdictions for tax purposes

22 February 2024

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Tax Alerts, Information Reporting, Legis...

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European Union

On 20 February 2024, the European Union (EU) Finance Ministers adopted a revised list of noncooperative jurisdictions for tax purposes (EU List).Bahamas, Belize, the Seychelles and Turks and Caicos Islands were removed from Annex I, while six other jurisdictions (Albania, Aruba, Botswana, Dominica, Hong Kong and Israel) were removed from Annex II.The next revision to the EU List is expected in October 2024. Executive summaryOn 20 February 2024, the Council of the European Union (the Council) held an General Affairs Council meeting in which Ministers approved the Council Conclusions on the revised EU List. Regarding Annex I, the Council decided to...