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WiredJa Online News

Bahamas,St.Kitts,Virgin Islands on EU Tax Haven Blacklist

The European Union, or EU, added the Bahamas, the U.S. Virgin Islands and Saint Kitts and Nevis to the bloc's tax haven list and placed Anguilla, the British Virgin Islands, Dominica and Antigua and Barbuda to the so-called grey list of jurisdictions that don't adhere to anti-tax avoidance standards but promised to make change their ways.

CARICOM upset over EU Blacklisting as Tax Havens

ST VINCENT AND THE GRENADINES: MAY 11, 2016 - The Nineteenth Meeting of the Council for Foreign and Community Relations (COFCOR) of the Caribbean Community (CARICOM) ended with the Ministers of Foreign Affairs expressing concern over blacklisting of some CARICOM member states by the EU, as non-cooperative tax havens and the withdrawal of correspondent banking services, both of which have had an adverse impact on CARICOM States.
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