The German Ministry of Finance has published a draft ordinance to amend the Tax Haven Defense Ordinance, which lists the jurisdictions treated as non-cooperative for the purpose of the Law to Prevent Tax Avoidance and Unfair Tax Competition (the Tax Haven Defense Law). The amendments are being made as a result of the 17 October 2023 decision by the EU Economic and Financial Affairs Council to add Antigua and Barbuda, Belize, and the Seychelles to the EU list of non-cooperative jurisdictions (Annex I), and to remove the British Virgin Islands, Costa Rica, and the Marshall Islands. Further, the Ordinance is...