|Author (Person)||Rocha, Frederico|
A list containing 17 countries was set up following their failure to meet agreed tax good governance standards. In addition, 47 countries committeed to addressing deficiencies in their tax systems and to meet the required criteria, after contacts with the European Union. The EU listing process is a dynamic one.
The adoption of this list occurred at a meeting of the Economic and Financial Affairs Council.
The initiative is part of the Council's external strategy for taxation, delivering on its conclusions from November 2016 [including the establishment of the screening criteria] after the idea was originally conceived by the European Commission. Compilation of the list prompted active engagement from many of the EU's international partners.
The first ever EU list of non-cooperative tax jurisdictions was agreed on 5 December 2017 by the Council of the European Union.
|Countries / Regions||Europe|