A quick look at what’s been going on in Europe…

The EU Code of Conduct Group for business taxation has published new guidance on sanctions to be applied by EU Member States against blacklisted jurisdictions by the end of 2020.

The EU blacklist has been revised several times this year and now includes eight jurisdictions: American Samoa, Fiji, Guam, Oman, Samoa, Trinidad and Tobago, the US Virgin Islands and Vanuatu. All of the larger international financial centres have made successful efforts to be removed from the list, or have at least provisionally succeeded by giving assurances that they w...