The EU confirmed that Barbados is a cooperative jurisdiction in global tax transparency and fair taxation
Posted on May 20, 2019
in Publications, Legal Insights
by
Lex Caribbean The EU [confirmed] May 17, 2019, that Barbados is a cooperative jurisdiction in global tax transparency and fair taxation, and has thus been removed from the EU list of non-cooperative jurisdictions.
Barbados joins Aruba and Bermuda in being removed from the blacklist, having “made commitments at a high political level to remedy EU concerns”. It is now considered a jurisdiction that has undertaken sufficient commitments to reform its tax policies.
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