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MEPs vote to add Channel and British Virgin Islands to tax haven blacklist

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    MEPs vote to add Channel and British Virgin Islands to tax haven blacklist

    “ The European parliament is pushing for UK overseas territories including the British Virgin Islands, Guernsey and Jersey to be added to an EU tax havens blacklist after the conclusion of the Brexit deal.

    Sending a signal that tougher action on tax avoidance was required in response to the coronavirus pandemic, MEPs voted overwhelmingly in favour of adding more nations and territories to the list of non-cooperative jurisdictions.

    The resolution, passed earlier this week by a vote of 587 to 50, included measures calling for the automatic inclusion on the blacklist of countries which use a 0% tax regime. Among these are the UK overseas territories, viewed by transparency campaigners as havens for tax avoidance.”

    MEPs vote to add Channel and British Virgin Islands to tax haven blacklist | World news | The Guardian

    Obviously EU 0% offshores will be ok and billions of dirty money will move there.

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