Antigua and Barbuda removed from EU list of noncooperative jurisdictions

On 8 October 2024, the Council of the EU removed Antigua and Barbuda from the EU list of non-cooperative jurisdictions for tax purposes.

Antigua and Barbuda, an independent State that forms part of the Commonwealth of Nations, was added to the EU list in October 2023 after receiving, from the OECD Global Forum, a negative assessment in respect of exchange of information upon request. Following a series of amendments to local tax and corporate legislation, the Global Forum has accepted to conduct a supplementary review to be initiated shortly. Pending the outcome of this review, Antigua and Barbuda has been included in Annex II, the state of play document.

Further, Armenia and Malaysia, were removed from Annex II following commitments to address a harmful tax regime identified by the EU Code of Conduct (Business Taxation) Group.

Following this update, Annex I (blacklist) and Annex II (grey list) currently include the following countries:

The list will next be updated in February 2025. Fiji and Palau may be removed from the blacklist should they continue in their endeavours to comply with the listing criteria. Vietnam’s inclusion on the greylist is also being monitored, in terms of its commitment to comply with country-by-country reporting requirements.

The official Council of the EU press release may be accessed here.