On October 5, 2021, on a meeting of EU finance ministers, a decision will be made to exclude Seychelles, Dominica and Anguilla from the EU's "black" list of tax havens said Reuters.
EU tax experts have previously recommended excluding Dominica, Anguilla and Seychelles mainly because they are committed to reviewing their tax systems and aligning them with the recommendations of the OECD, the leading international authority on tax evasion. It is expected that these three jurisdictions will be gray-listed countries that have demonstrated a commitment to tax reform.
A year ago, the European Union added the British overseas territory of Anguilla to the "black" list of tax havens. The black list of offshore companies in the European Union includes jurisdictions that do not disclose information about beneficiaries or withhold tax information. This list was first published on December 5, 2017.
The creation of a "black list" of states is provided for by the 4th EU Anti-Money Laundering Directive (AMLD4), adopted back in 2015, as well as the FATF. According to this directive, it includes countries whose efforts in the field of combating money laundering and terrorism the EU considers insufficient.
The following countries are currently on the EU blacklist: Anguilla, Samoa, Barbados, Fiji, Guam, Palau, Panama, Samoa, Seychelles, Trinidad and Tobago, US Virgin Islands and Vanuatu.
