The ECOFIN Council decided to further amend the non-cooperative list by removing Namibia from the list.
Since the first EU blacklist was published in December 2017, it has already been revised five times. On January 23, 2018, eight jurisdictions were removed from the blacklist. Later, on March 13, 2018, the Council removed three more countries and added the Bahamas, Saint Kitts and Nevis and the US Virgin Islands. On May 25, 2018, the ECOFIN agreed to remove the Bahamas and Saint Kitts and Nevis, followed by Palau on October 2, 2018. And as the latest, On November 6, EU has taken off Namibia from the list.
Due to the latest revision, currently, the list is down to five non-cooperative jurisdictions: American Samoa, Guam, Samoa, Trinidad and Tobago and the US Virgin Islands, while a total of 65 jurisdictions are now actively cooperating with the EU in implementing tax good governance standards.
The decision to taken off Namibia from the list was driven by its sufficient commitments at a high political level to address EU concerns. Namibia commits to reform its tax system in order to comply with the EU screening criteria listed below.
Council working group (‘code of conduct group’) will carefully monitor the implementation of Namibia’s commitments.
This workshop will not only provide insights into the latest national and international developments in the field of analytics applied by governments, but will also allow for sufficient dialogue amongst participants and presenters alike to share best practices around designing a Tax Risk Management Strategy going forward.
How to manage Global Tax Controversy?
How to use Value Chain Analysis as a risk management tool?
How to Use Tax Technology to stay one step ahead of the tax authorities?
Time: 9.00AM - 6.30PM London (UK)
Venue: De Vere Grand Connaught Rooms, London