During the Economic and Financial Affairs Council meeting held 21 February 2017, the Council reportedly agreed to not automatically include zero tax rate jurisdictions in the EU list of non-cooperative jurisdictions (blacklist) that is currently being developed. Instead, a zero tax rate will serve as an indicator for the need for further evaluation based on other criteria, which as agreed to in November 2016, are to include: tax transparency, fair taxation, and implementation of anti-BEPS mea…