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8 July 2020
Economic and financial affairs News

Taxation: Dominica removed from the EU list of non-cooperative jurisdictions for tax purposes

The Council today decided to remove Dominica from the EU list of non-cooperative jurisdictions for tax purposes.

Dominica has implemented its commitments and addressed EU concerns as regards automatic exchange of financial information. More specifically, Dominica completed the necessary steps to sign and ratify the OECD multilateral convention on mutual administrative assistance. This step warrants Dominica’s removal from the EU’s list of non-cooperative jurisdictions.

As a result, 11 jurisdictions remain on the EU list of non-cooperative jurisdictions for tax purposes: American Samoa, Belize, Fiji, Guam, Marshall Islands, Oman, Samoa, Trinidad and Tobago, United Arab Emirates, US Virgin Islands and Vanuatu.

More details HERE

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