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EU removes Panama from tax haven blacklist

World News

09-10-2026 | 05:38

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EU removes Panama from tax haven blacklist

The EU removed Panama from its tax havens blacklist on Friday, saying it had met global standards on sharing tax information and reformed a "harmful" regime of exemptions for foreign-source income.

Vietnam was also removed after undertaking a series of reforms. The updated list contains eight "non-cooperative" jurisdictions: American Samoa, Anguilla, Guam, Palau, Russia, Turks and Caicos Islands, US Virgin Islands and Vanuatu.

The list was created in 2017 in the wake of a series of scandals, including the so-called Panama Papers. Panama had been removed in 2018, before returning to the list in 2020.

AFP

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