Luxembourg: Reporting implications of revised EU list of non-cooperative jurisdictions for tax purposes
On 18 February 2020, the Council of the European Union (the Council or ECOFIN) adopted revised conclusions on the European Union (EU) list of non-cooperative jurisdictions for tax purposes (the EU List).1
The Council added the Cayman Islands, Palau, Panama and Seychelles to Annex I (the so-called “Black” list) of the EU List as these jurisdictions did not implement the tax reforms to which the…
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