EU: Updates to list of non-cooperative jurisdictions

No jurisdictions were added to Annex I (the list of non-cooperative jurisdictions).

No jurisdictions were added to Annex I (the list of non-cooperative jurisdictions).

The Council of the European Union on 5 October 2021 adopted conclusions [PDF 356 KB] for a revised EU list of non-cooperative jurisdictions for tax purposes.

The EU Council agreed to the following actions:

  • To move Anguilla, Dominica, and Seychelles to Annex II of the list (the so-called “grey list”)
  • To add Costa Rica, Hong Kong (SAR), Malaysia, North Macedonia, Qatar, and Uruguay to the grey list
  • To remove Australia, Eswatini, and Maldives from the list

No jurisdictions were added to Annex I (the list of non-cooperative jurisdictions).

With today’s revision, the EU list of non-cooperative jurisdictions consists of the following nine jurisdictions: American Samoa, Fiji, Guam, Palau, Panama, Samoa, Trinidad and Tobago, U.S. Virgin Islands, and Vanuatu.

The grey list consists of the following 15 jurisdictions: Anguilla, Barbados, Botswana, Costa Rica, Dominica, Hong Kong (SAR), Jamaica, Jordan, Malaysia, North Macedonia, Qatar, Seychelles, Thailand, Turkey, and Uruguay.

Read an October 2021 report prepared by KPMG’s EU Tax Centre 

Read an October 2021 report prepared by the KPMG member firm in Luxembourg

 

 

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.