The EU's infamous tax blacklist and the Caribbean international financial centres are in the midst of regulatory upheaval. The outcome will determine the nature of the region's industry for years to come, writes Pedro Gonçalves in a feature article from our Caribbean special report. Blacklists have been a feature of tax diplomacy ever since an internationally co-ordinated assault on tax havens began in the late 1990s. Under pressure to ‘name and shame' at a time of postcrisis austerity, the European Union compiled a list of countries it viewed as "non-co-operative" on tax. In 2015, the EU...
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