Bermuda was formally removed from the grey list by the Council of the European Union yesterday, as it added Anguilla, the Bahamas and Turks & Caicos Islands to the black list.
The council said in .
The Council adopted conclusions on the revised EU list of non-cooperative jurisdictions for tax purposes. A total of 12 countries have either not engaged in a constructive dialogue with the EU on tax governance or have failed to deliver on their commitments to implement the necessary reforms.
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Bermuda was formally removed from the grey list by the Council of the European Union today, as it added Anguilla, The Bahamas and Turks and Caicos Islands to the black list.
The Council said in a stat.