As expected, the EU Economic and Financial Affairs Council on 23 January 2018 decided to remove eight jurisdictions from the EU List of Non-Cooperative Jurisdictions, including Barbados, Grenada, Macau, Mongolia, Panama, South Korea, Tunisia, and the United Arab Emirates. The eight jurisdictions are now included in the grey list of potentially non-cooperative jurisdictions and will be monitored with respect to their commitments to implement relevant tax good governance principles.
Jurisdicti…