Dominica removed from EU tax haven blacklist

The European Union has removed the Caribbean island of Dominica from its list of uncooperative jurisdictions in tax matters. Dominica changed its tax rules to comply with EU requirements meant to reduce the risks of tax evasion, the EU said in a statement. Dominica implemented its commitments and addressed EU concerns regarding the automatic exchange of financial information after it ratified the OECD Multilateral Convention on Mutual Administrative Assistance. As a result, Dominica will exchange tax information under the common reporting standard with all EU member states from Decemb...