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12/6/2017 
GRENADA AMONG FIVE CARIBBEAN COUNTRIES ON EU TAX HAVEN ...  
European Union finance ministers on Tuesday adopted a blacklist of tax havens that includes 17 extra-EU jurisdictions seen as not cooperative on tax matters, and which includes five countries in the wider Caribbean: Barbados, Grenada, Panama, Saint Lucia, and Trinidad and Tobago.

Rounding out the list are American Samoa, Bahrain, Guam, South Korea, Macau, Marshall Islands, Mongolia, Namibia, Palau, Samoa, Tunisia and the United Arab Emirates.

According to French Finance Minister Bruno Le Maire, another 47 jurisdictions are included in a public “gray” list of countries that are currently not compliant with EU standards but have committed to change their tax rules.

Following multiple disclosures of offshore tax avoidance schemes by companies and wealthy individuals, EU states 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.

Blacklisted countries could lose access to EU funds. Other possible countermeasures will be decided in coming weeks, Le Maire said.
 

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GRENADA AMONG FIVE CARIBBEAN COUNTRIES ON EU TAX HAVEN ...  
Not Again all this coming from a Government that keep telling our grenadian people that all its dealing is above board example,(The CBI) which currently is riding a stormy sea and heading for the rocks with issues from within ,meanwhile our minister of finance said to the grenadian people in his last budget that things is all nice having just been given (not loan) several millions (and by whom)? to build an extended airport runway plus hotelS at The MBIA , Lord grenada it seems is in real POOPOO and all this under a government that talks about Transparency and Accountability.
50By: gabe
12/7/2017 6:21:34 AM