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EU to decide on tax haven blacklist, assess U.S. tax reform

Reuters  |  BRUSSELS 

By Francesco GuarascioBRUSSELS (Reuters) - European Union finance ministers plan to adopt a blacklist of tax havens and assess the impact of the United States' planned tax overhaul in a meeting on Tuesday in Brussels.After multiple disclosures of offshore tax avoidance schemes by companies and wealthy individuals, the EU launched a process in February to list tax havens in a bid to discourage setting up shell structures abroad which are themselves in many cases legal but could hide illicit activities. "There will be, I hope, a blacklist that will include about 20 countries that despite ten ...

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First Published: Tue, December 05 2017. 16:23 IST