The EU list of non-cooperative jurisdictions for tax purposes — Report by the Code of Conduct Group (Business Taxation) suggesting amendments to Annex II of the Council conclusions of 5 December 2017
Date: 2018-12-07
Institutions: Council of the European Union
Subjects: administrative cooperation, business tax, code of conduct, exchange of information, international cooperation, international tax law, tax avoidance, tax evasion, third country








C_2018441EN.01000301.xml










7.12.2018   


EN


Official Journal of the European Union


C 441/3






The EU list of non-cooperative jurisdictions for tax purposes — Report by the Code of Conduct Group (Business Taxation) suggesting amendments to Annex II of the Council conclusions of 5 December 2017
(2018/C 441/02)
With effect from the day of publication in the Official Journal of the European Union, Annex II of the Council conclusions of 5 December 2017 on the EU list of non-cooperative jurisdictions for tax purposes (1), as amended in January (2), March (3), May (4), October (5) and November (6) 2018, is replaced by the following:



‘ANNEX II
State of play of the cooperation with the EU with respect to commitments taken to implement tax good governance principles
1.   Transparency

1.1.   Commitment to implement the automatic exchange of information, either by signing the Multilateral Competent Authority Agreement or through bilateral agreements

The following jurisdictions are committed to implement automatic exchange of information by 2018:

Antigua and Barbuda, Curaçao, Dominica, Grenada, Marshall Islands, New Caledonia, Oman, Palau, Qatar and Taiwan

The following jurisdictions are committed to implement automatic exchange of information by 2019:

Turkey

1.2.   Membership of the Global Forum on transparency and exchange of information for tax purposes and satisfactory rating

The following jurisdictions are committed to become member of the Global Forum and/or have a satisfactory rating by 2018:

Anguilla, Curaçao, Marshall Islands, New Caledonia and Palau

The following jurisdictions are committed to become member of the Global Forum and/or have a sufficient rating by 2019:

Fiji, Jordan, Namibia, Turkey and Vietnam

1.3.   Signatory and ratification of the OECD Multilateral Convention on Mutual Administrative Assistance or network of agreements covering all EU Member States

The following jurisdictions are committed to sign and ratify the MAC or to have in place a network of agreements covering all EU Member States by 2018:

Antigua and Barbuda, Dominica, New Caledonia, Oman, Palau, Qatar and Taiwan

The following jurisdictions are committed to sign and ratify the MAC or to have in place a network of agreements covering all EU Member States by 2019:

Armenia, Bosnia and Herzegovina, Botswana, Cabo Verde, Eswatini, Fiji, Former Yugoslav Republic of Macedonia, Jamaica, Jordan, Maldives, Mongolia, Montenegro, Morocco, Namibia, Serbia, Thailand and Vietnam

2.   Fair Taxation

2.1.   Existence of harmful tax regimes

The following jurisdictions are committed to amend or abolish the identified regimes by 2018:

Antigua and Barbuda, Aruba, Barbados, Belize, Botswana, Cabo Verde, Cook Islands, Curacao, Dominica, Fiji, Grenada, Hong Kong SAR, Jordan, Korea (Republic of), Labuan Island, Macao SAR, Malaysia, Maldives, Mauritius, Morocco, Panama, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Seychelles, Switzerland, Taiwan, Thailand, Tunisia, Turkey and Uruguay

The following jurisdiction is committed to amend or abolish the identified regimes within 12 months after the day of publication in the Official Journal of the European Union:

Namibia

2.2.   Existence of tax regimes that facilitate offshore structures which attract profits without real economic activity

The following jurisdictions are committed to addressing the concerns relating to economic substance by 2018:

Anguilla, Bahamas, Bahrain, Bermuda, British Virgin Islands, Cayman Islands, Guernsey, Isle of Man, Jersey, Marshall Islands, Turks and Caicos Islands, United Arab Emirates and Vanuatu

3.   Anti-BEPS Measures

3.1.   Membership of the Inclusive Framework on BEPS or implementation of BEPS minimum standards

The following jurisdictions are committed to become member of the Inclusive Framework or implement BEPS minimum standard by 2018:

Cook Islands, Faroe Islands, Greenland, Marshall Islands, New Caledonia, Palau, Taiwan and Vanuatu

The following jurisdictions are committed to become member of the Inclusive Framework or implement BEPS minimum standard by 2019:

Albania, Armenia, Bosnia and Herzegovina, Cabo Verde, Eswatini, Fiji, Jordan, Montenegro, Morocco and Namibia

The following jurisdictions are committed to become member of the Inclusive Framework or implement BEPS minimum standard if and when such commitment will become relevant:

Nauru, Niue.

’


(1)  OJ C 438, 19.12.2017, p. 5.

(2)  OJ C 29, 26.1.2018, p. 2.

(3)  OJ C 100, 16.3.2018, p. 4 and OJ C 100, 16.3.2018, p. 5.

(4)  OJ C 191, 5.6.2018, p. 1.

(5)  OJ C 359, 5.10.2018, p. 3.

(6)  OJ C 403, 9.11.2018, p. 4.