St. Lucia will join Barbados and Grenada as one of the countries removed from the EU Black list published earlier this years. The proposal was made by EU tax experts after the island “made specific commitments to adapt its tax rules and practices to EU standards.” The move is expected to be endorsed by the EU finance ministers at a meeting in Brussels on March 13th, 2018.

Trinidad and Tobago is the only Caribbean territory remaining on the black list.

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