ECOFIN has moved Belize to the lower-risk annex II of the EU list of non-cooperative tax jurisdictions. The Republic of North Macedonia has been removed from the list entirely. This leaves eight jurisdictions on the annex I blacklist.
Belize has passed the necessary reforms to its tax regime for international business companies that were due to be implemented by the end of 2018 and has been moved to annex II pending implementation of its commitment to amend or abolish the harmful features of its foreign source income exemption regime by the end of 2019.
The Council found the Republic of North Macedonia compliant with all its commitments on tax cooperation following its ratification of the OECD multilateral convention on mutual administrative assistance.
Eight jurisdictions remain on the list of non-cooperative jurisdictions: American Samoa, Fiji, Guam, Oman, Samoa, Trinidad and Tobago, the US Virgin Islands and Vanuatu.
ECOFIN has moved Belize to the lower-risk annex II of the EU list of non-cooperative tax jurisdictions. The Republic of North Macedonia has been removed from the list entirely. This leaves eight jurisdictions on the annex I blacklist.
Belize has passed the necessary reforms to its tax regime for international business companies that were due to be implemented by the end of 2018 and has been moved to annex II pending implementation of its commitment to amend or abolish the harmful features of its foreign source income exemption regime by the end of 2019.
The Council found the Republic of North Macedonia compliant with all its commitments on tax cooperation following its ratification of the OECD multilateral convention on mutual administrative assistance.
Eight jurisdictions remain on the list of non-cooperative jurisdictions: American Samoa, Fiji, Guam, Oman, Samoa, Trinidad and Tobago, the US Virgin Islands and Vanuatu.
.jpg?sfvrsn=335a554c_0 "300 x 250 (MPU)")