St. Lucia to be removed from EU Black list

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.

Read More: HERE

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The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

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