Taxation

EU acknowledges Nauru’s positive steps on taxation

The European Commission produced a list of non-cooperative tax jurisdictions in 2017 as part of the European Union’s work to clamp down on tax evasion and avoidance.

In total, 213 countries were pre-assessed on 1600 indicators and from that list 92 countries were subject to further assessment.

In March, the Commission announced 15 countries had been blacklisted while another 34 countries will continue to be monitored on the grey list, while 25 countries from the original screening process had been cleared.