Bahamas awaits confirmation of removal from EU blacklist

Peter Turnquest, The Bahamas' deputy prime minister and minister of finance, in addressing the regrettable decision by the European Union to place The Bahamas on a list of non-cooperative jurisdictions for tax purposes, has emphasized the country is committed to international tax transparency and cooperation, exchange of information, and international regulatory standards. "The government of The Bahamas has a strong and unwavering commitment to the integrity of our financial services industry," said the deputy prime minister. "Business is being conducted in The Bahamas in a fair, transp...