EU to remove three more countries from tax haven blacklist

European Union states are set to remove Bahrain, the Marshall Islands and Saint Lucia from a list of tax havens next week, leaving only six jurisdictions on it, an EU document shows, as reported by Reuters.

The latest decision, taken by the EU Code of Conduct Group and expected to be endorsed by EU finance ministers at their regular monthly meeting in Brussels on March 13, follows the first delisting in January that cut the number of jurisdictions named to nine from 17.

The jurisdictions that remain on the blacklist are American Samoa, Guam, Namibia, Palau, Samoa and Trinidad and Tobago.

Bahrain, the Marshall Islands and Saint Lucia are to be delisted after they made “specific commitments” to adapt their tax rules and practices to EU standards, the document says, as reported by Reuters.

Eu finance ministers

European Parliament

Bahrain

Marshall Islands

Saint Lucia

American Samoa

Guam

Namibia

Palau

Samoa

Trinidad and Tobago

tax havens

list of tax havens