The European Union has confirmed it has removed Aruba, Barbados and Bermuda from its list of non-cooperative tax jurisdictions, otherwise known as the EU tax havens blacklist.
First established in December 2017, the list was revised in March 2019 following a review of the implementation of the commitments taken by third country jurisdictions that are part of the process.
Barbados has made commitments at a high political level to remedy EU concerns regarding the replacement of its harmful preferential regimes by a measure of similar effect, while Aruba and Bermuda have now implemented their commitments, the Council state...