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European Economic and Financial Affairs Council Reviews List of Non-Cooperative Jurisdictions and Adopts Electronic Form for VAT Exemptions

19 February 2025

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Approved Changes

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European Union

The European Economic and Financial Affairs Council held a meeting on 18 February 2025. During the meeting, the Council reviewed the EU list of non-cooperative jurisdictions, which included no changes to the list of non-cooperative jurisdictions (Annex I). Certain changes were made to the so-called state of play list (Annex II), which includes jurisdictions that have committed to making certain changes to avoid being listed as non-cooperative. This includes the removal of Costa Rica and Curacao, which have fulfilled their commitments, and the addition of Brunei, which has committed to amend or abolish its foreign-source income exemption regime. The Council...