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Europe is considering removing 8 countries from the black list
EU officials have proposed the removal of eight countries, including the United Arab Emirates, from the black list of tax havens announced last December.
The countries that will be removed from the list of 17 countries are the United Arab Emirates, Tunisia, Panama, South Korea, Barbados, Grenada, Macao and Mongolia, after they have demonstrated their commitment to changes in their tax rules .
The proposal will be discussed at a meeting of EU ambassadors next Wednesday and is expected to be adopted by EU finance ministers at their meeting next week in Brussels.
The UAE had previously asked to be removed from the list, pledging "to complete the minor amendments and amendments associated with the Convention on Corrosion Standards and the transfer of profits."
http://economy-news.net/content.php?id=10633
EU officials have proposed the removal of eight countries, including the United Arab Emirates, from the black list of tax havens announced last December.
The countries that will be removed from the list of 17 countries are the United Arab Emirates, Tunisia, Panama, South Korea, Barbados, Grenada, Macao and Mongolia, after they have demonstrated their commitment to changes in their tax rules .
The proposal will be discussed at a meeting of EU ambassadors next Wednesday and is expected to be adopted by EU finance ministers at their meeting next week in Brussels.
The UAE had previously asked to be removed from the list, pledging "to complete the minor amendments and amendments associated with the Convention on Corrosion Standards and the transfer of profits."
http://economy-news.net/content.php?id=10633
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