{"id":3166,"date":"2023-02-16T12:28:44","date_gmt":"2023-02-16T12:28:44","guid":{"rendered":"https:\/\/r02fi4ct8m.wpdns.site\/europe-black-list-for-tax-purposes\/"},"modified":"2025-05-30T11:59:22","modified_gmt":"2025-05-30T11:59:22","slug":"europe-black-list-for-tax-purposes","status":"publish","type":"post","link":"https:\/\/www.gstaxconsultants.com\/el\/europe-black-list-for-tax-purposes\/","title":{"rendered":"European Council: Updated List of Non-Cooperative Jurisdictions"},"content":{"rendered":"<p><strong>New Countries added to the European Council black list for tax purposes<\/strong><\/p>\n<p>The European Council announced the updated list of non-cooperative jurisdictions for tax purposes. The new list includes the British Virgin Islands (BVI), Costa Rica, Marshal Islands and Russia.<\/p>\n<p><!--more--><\/p>\n<p>With this addition, the new list consists of 16 jurisdictions as listed below:<\/p>\n<ul>\n<li>American Samoa<\/li>\n<li>Anguilla<\/li>\n<li>Bahamas<\/li>\n<li>British Virgin Islands (BVI)<\/li>\n<li>Costa Rica<\/li>\n<li>Fiji<\/li>\n<li>Guam<\/li>\n<li>Marshall Islands<\/li>\n<li>Palau<\/li>\n<li>Panama<\/li>\n<li>Russia<\/li>\n<li>Samoa<\/li>\n<li>Trinidad and Tobago<\/li>\n<li>Turks and Caicos Islands<\/li>\n<li>US Virgin Islands<\/li>\n<li>Vanuatu<\/li>\n<\/ul>\n<p>It is highlighted that any dividend, interest and royalty payments made to corporate taxpayers located in EU non-cooperative jurisdictions from a Cyprus tax resident payer are subject to withholding tax at the rates of 17%, 30% and 10% respectively.<\/p>\n<p>The European Union list of non-cooperative tax jurisdictions (black list) includes countries that either have 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. Those reforms should aim to comply with a set of objective tax good governance criteria, which include tax transparency, fair taxation and implementation of international standards designed to prevent tax base erosion and profit shifting. &nbsp;*Read the detailed announcement at the following link of the European Council <a href=\"https:\/\/www.consilium.europa.eu\/en\/press\/press-releases\/2023\/02\/14\/taxation-british-virgin-islands-costa-rica-marshall-islands-and-russia-added-to-eu-list-of-non-cooperative-jurisdictions-for-tax-purposes\/\"><\/a><a href=\"https:\/\/www.consilium.europa.eu\/en\/press\/press-releases\/2023\/02\/14\/taxation-british-virgin-islands-costa-rica-marshall-islands-and-russia-added-to-eu-list-of-non-cooperative-jurisdictions-for-tax-purposes\/\">https:\/\/www.consilium.europa.eu\/en\/press\/press-releases\/2023\/02\/14\/taxation-british-virgin-islands-costa-rica-marshall-islands-and-russia-added-to-eu-list-of-non-cooperative-jurisdictions-for-tax-purposes\/<\/a><\/p>\n<p style=\"text-align: center;\">Globalserve Consultants Ltd, an authorized corporate, accounting and <a href=\"https:\/\/www.gstaxconsultants.com\/el\/tax-financial-advisory-services\/\">tax advisory service provider in Cyprus<\/a> can assist and advise you on the above, should you require any additional information please contact us at <a href=\"mailto:marketing@gstaxconsultants.com\">marketing@gstaxconsultants.com<\/a> or call at 00357 25 817181.<\/p>","protected":false},"excerpt":{"rendered":"<p>New Countries added to the European Council black list for tax purposes The European Council announced the updated list of non-cooperative jurisdictions for tax purposes. The new list includes the British Virgin Islands (BVI), Costa Rica, Marshal Islands and Russia.<\/p>","protected":false},"author":7,"featured_media":3165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[61],"tags":[],"class_list":["post-3166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-articles"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/posts\/3166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/comments?post=3166"}],"version-history":[{"count":1,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/posts\/3166\/revisions"}],"predecessor-version":[{"id":3325,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/posts\/3166\/revisions\/3325"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/media\/3165"}],"wp:attachment":[{"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/media?parent=3166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/categories?post=3166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/tags?post=3166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}