Cayman Islands again removed from the European list of tax havens
European finance ministers today decided to remove Cayman Islands and Oman from the blacklist of tax havens. The Cayman Islands ended up on the European list earlier this year, but according to the European Union, the British overseas territory has now implemented the necessary fiscal reforms.
on the date of 06-10-20, 12:55 Source: Belga
The Cayman Islands were the first British overseas territory to be blacklisted in February after the United Kingdom left the European Union. Because the Caribbean islands changed their legislative framework for collective investment funds in September, they are now being taken off the list again. Oman is no longer on it either. Another British overseas territory, Anguilla, has been added, as has Barbados.