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Saint Lucia Removed from EU List of Non-cooperative Jurisdictions - St. Lucia News From The Voice

Saint Lucia Removed from EU List of Non-cooperative Jurisdictions
February 25, 2021
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PRESS RELEASE Saint Lucia was officially removed from the European Union (EU) list of non-cooperative jurisdictions, for tax purposes on February 15th, 2021.
Saint Lucia first appeared in Annex I (the blacklist) in December 2017 but was subsequently placed in Annex II (the grey-list) in March 2018, after committing to address the deficiencies highlighted by the European Union Code of Conduct Group (EU-CoCG), as they relate to the international business sector.
Over the past few years, the Government has worked diligently to meet the requirements of the EU-CoCG and engaged in discussions with various stakeholders and international bodies. This process was extremely onerous, however the authorities and technocrats maintained the momentum and worked diligently to ensure that the goal of being delisted by the EU was achieved. ....

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DOF-ROG reports 2020 accomplishments

PASAY CITY, Feb. 19 The Department of Finance (DOF), through its Revenue Operations Group (ROG), has assisted the national government in implementing several regulations related to the Bayanihan To Heal As One Act (Republic Act (RA) No. 11469 or the Bayanihan 1) and Bayanihan To Recover As One Act (RA 11494 or the Bayanihan 2) to provide relief to sectors hardest hit by the economic shock triggered by the COVID-19 pandemic.
In a report to Finance Secretary Carlos Dominguez III, Tionko said the DOF and the Bureau of Internal Revenue (BIR) issued 34 Revenue Regulations (RRs) last year, most of which were related to the provisions of the Bayanihan laws, Tionko said. ....

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