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EU keeps joke tax havens list for the super-rich and profitable [1]
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Date: 2023-02-14 11:03:57+00:00
Today, European finance ministers updated the EU tax haven list. They added four countries to the blacklist (British Virgin Islands, Costa Rica, the Marshall Islands and the Russian Federation), three to the greylist (Albania, Aruba and Curacao) and they removed four countries from the greylist (Barbados, Jamaica, North Macedonia and Uruguay).
In response, Chiara Putaturo, Oxfam EU’s tax expert, said:
“Tax havens helped billionaires to double their wealth in the last decade and contribute to corporations raking in enormous windfall profits. With this joke list, the EU continues to allow the super-rich and profitable to stash away their fortunes while ordinary people are battling with the cost-of-living crisis.
"The EU's tax havens list continues to be a total whitewash. Not only did it delist countries with zero corporate tax rates, like Bermuda and Cayman Islands, but ignores EU tax havens, like Luxemburg, despite it being one of the most harmful tax havens in the world.
“The update is yet another missed opportunity to put an end to tax havens and get billions back to bridge the gap between the super-rich and ordinary people.”
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[1] Url:
https://www.oxfam.org/en/press-releases/eu-keeps-joke-tax-havens-list-super-rich-and-profitable
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