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Serbia "removed from EU's draft tax haven blacklist" - World


5-7 minutes

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Serbia has for now avoided being included in EU's blacklist of tax havens, 
Bloomberg reported on Monday. 

Source: B92 Monday, November 27, 2017 | 14:54 

 

(Thinkstock)

The agency said last week that the November 21 draft mentioned Turkey and 
Serbia as some of the countries that could be added to the list.

But Serbia is now seen as "compliant with EU’s demands for additional 
commitments," the report said, without providing any other information. 

However, Turkey's case is explained in detail, with Bloomberg saying that the 
country is " on course to dodge a potential inclusion EU's list of tax havens" 
after it offered "additional clarifications to the bloc in a letter sent on 
Friday." 

Ankara’s commitments are now addressing all the issues identified, said an EU 
working group document updated on Monday and seen by Bloomberg. 

“On the basis of new information provided, experts have concluded that the 
preferential regime named ‘regional headquarters regime’ is not meeting the 
criterion for the inclusion in the list of harmful tax regimes," the agency 
said, citing the document. 

Last week, Bloomberg said that the draft envisaged including "as many as 36 
countries" in the blacklist - Serbia, Armenia, Cook Islands, Marshall Islands, 
Panama, and Tunisia among them

 

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