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European Parliament Pushing for Changes in System Used for Tax Haven Blacklist

|Proposed Changes|European Union
European Union

The European Parliament has announced a resolution pushing for changes in the system used for including jurisdictions in the EU tax haven blacklist (the list of non-cooperative jurisdictions), which is currently viewed as "confusing and ineffective".

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EU tax haven blacklist is not catching the worst offenders

  • Criterion to judge if a country’s tax system is fair or not needs to be widened
  • Countries should not be removed from the blacklist if they only make symbolic tweaks
  • A 0% tax rate…

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