Barbados removed from EU blacklist

Barbados has been removed from the European Union’s (EU) list of non-cooperative tax jurisdictions.

Seven other countries, including fellow Caribbean Community (CARICOM) member state Grenada, the Republic of Korea, Macao SAR, Mongolia, Panama, Tunisia and the United Arab Emirates,  have also been moved to a separate category of jurisdictions, subject to close monitoring.

In a statement, the EU council said “it agreed that a delisting was justified in light of an expert assessment of the commitments made by the jurisdictions to address deficiencies identified by the EU”. It noted that these commitments were backed by letters signed at a high political level.

The Barbados Government had mounted a strong lobby, led by Minister of Industry, International Business, Commerce and Small Business Donville Inniss and officials from the international business sector, after the list was issued on December 5 and the island was named among jurisdictions not doing enough to crackdown on offshore avoidance schemes.

Nine countries, including St Lucia and Trinidad and Tobago, remain on the EU blacklist.

12 Responses to Barbados removed from EU blacklist

  1. Joan Crawford
    Joan Crawford January 23, 2018 at 11:05 am

    Barbados today can’t you do a story on this issue. Mqi is not operating correctly and it is not correct,so many people had and continue being victim

    Reply
    • Barbados Today
      Barbados Today January 23, 2018 at 11:09 am

      Hi Joan.. we are working on it

      Reply
    • Joan Crawford
      Joan Crawford January 23, 2018 at 11:11 am

      Thanks a lot. These people messed up my car and a lot more.

      Reply
    • Joan Crawford
      Joan Crawford January 23, 2018 at 11:12 am

      I can give you a contact for someone who fell victim

      Reply
  2. jrsmith January 23, 2018 at 1:52 pm

    Don’t believe nothing said by these bajan politicians , we will never know the truth…………

    Reply
  3. Mark Rosmar January 23, 2018 at 2:10 pm

    Knowing the EU, they are probably preparing to put you on another blacklist. That data protection shenanigans coming up later this year

    Reply
  4. jrsmith January 23, 2018 at 3:43 pm

    You cant trust the EU countries any way , they are racists we are a bit lucky……………….. They hate the black commonwealth as well….

    Reply
  5. Greengiant January 23, 2018 at 5:27 pm

    Give credit when its due. No government can get it wrong every time.

    Reply
  6. sticks and stones January 23, 2018 at 6:36 pm

    well at least a piece of good news for the govt.

    Reply
  7. Alex Alleyne January 23, 2018 at 7:15 pm

    Donville, it like you must make more phone calls.

    Reply
  8. Saga Boy January 23, 2018 at 7:24 pm

    This is very good news. News that all BLP Supporters should welcome. In December some activists denounced the listing process as a whitewash and called for the inclusion in the blacklist of some EU countries accused of facilitating tax avoidance, like Luxembourg, Malta, Ireland and the Netherlands. This is another method of controlling the world. It’s all about power.

    Reply
  9. straight talk January 23, 2018 at 8:22 pm

    This is one of the few things the government did in the ten to eleven years that it is now spending in office making poor people smell hell.

    Reply

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