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Nassau: Natural and tax-avoidance paradise, EU says (Photo: Venture Minimalists)

EU adding Bahamas to tax-haven blacklist

The EU is adding Anguilla, the Bahamas, and Turks and Caicos Islands to its blacklist of tax-havens, in what some have called a "fig-leaf" exercise.

The three Caribbean countries are being added because they facilitate "offshore structures and arrangements aimed at attracting profits without real economic substance," the EU said in a draft decision seen by EUobserver on Monday (26 September).

Meanwhi...

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Nassau: Natural and tax-avoidance paradise, EU says (Photo: Venture Minimalists)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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