tax havens

Tomorrow, Tuesday 16 February, European Union finance ministers will review the EU tax havens list, officially known as the EU list of non-cooperative jurisdictions for tax purposes. This is an assessment of non-EU countries according to the current blacklist criteria. This process started in 2017 and takes place twice a year. Currently, 12 countries are blacklisted and 10 are ‘grey-listed’.  

The weak EU tax haven blacklist is undermining attempts to stop government bailouts going to corporate tax dodgers, said Oxfam, ahead of the publication of a revised EU blacklist tomorrow, 6 October.

Panama, the Cayman Islands and the Seychelles have rightly been added to the EU tax haven blacklist. However, the list still proves inadequate, said Oxfam today.

The EU has whitewashed two of the world’s most harmful tax havens in today's review of the its tax haven list, says Oxfam.

A 5-point plan to stop big corporations cheating poor countries out of billions of dollars in tax revenue, was published by Oxfam today in the wake of the Mauritius Leaks.

Research published by the International Consortium of Investigative Journalists today shows that multinational corporations are using the tax haven of Mauritius to avoid paying millions of dollars of tax across Africa.

EU Finance Ministers have dropped five of the world’s worst tax havens from the EU 'black' and 'grey' list of tax havens published today.

EU finance ministers look set to whitewash nine of the world’s worst tax havens when they update the EU tax haven blacklist next week, says Oxfam.

EU Finance Ministers must ensure countries removed from the tax haven blacklist deliver significant reforms, said Oxfam today, following an announcement that the Caribbean Islands of the Bahamas, and Saint Kitts and Nevis have been taken off the list.

Today's digital tax proposal could help bring EU tax rules into the 21st century, by updating them to the digital economy. However, the European Commission's short-term proposal will not stop tax dodging by big tech firms, and could delay the much-needed global long-term solution.