Following debate in the European Parliament, MEPs have adopted a resolution calling for changes to be made to the system used to draw up the EU list of non-cooperative tax jurisdictions. The changes proposed by the MEPs include automatic inclusion on the list for all jurisdictions with a 0% corporate tax rate or with no taxes on companies’ profits, and more stringent conditions to be met before countries can be removed from the list.
Following debate in the European Parliament, MEPs have adopted a resolution calling for changes to be made to the system used to draw up the EU list of non-cooperative tax jurisdictions. The changes proposed by the MEPs include automatic inclusion on the list for all jurisdictions with a 0% corporate tax rate or with no taxes on companies’ profits, and more stringent conditions to be met before countries can be removed from the list.
