European Union states have added 10 jurisdictions to a draft tax haven blacklist...
BRUSSELS - European Union states have added 10 jurisdictions to a draft tax haven blacklist, including the United Arab Emirates and Bermuda, an EU official told Reuters on Tuesday, in a move that would triple the number of listed countries.
In a meeting on Wednesday, EU envoys are set to agree on the new list which will then be formally adopted by EU finance ministers in a meeting on March 12. However, EU states are still considering whether Bermuda and the UAE will be added, the official said. Bermuda and the UAE have not complied by the set deadlines, but EU states are assessing whether their delays could be warranted.
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