Grenada Aiming To Be Removed From EU Tax Blacklist
by Mike Godfrey, Lowtax.net, Washington
12 January, 2018
Grenada's Prime Minister, Keith Mitchell, has said he expects the island will be removed from the EU's tax "blacklist" by the end of the month.
Grenada is currently one of 17 countries on the EU's new list of non-cooperative jurisdictions in tax matters, which was released on December 5, 2017. The EU said the territory was included because it had yet to sign and ratify the OECD's Multilateral Convention on Mutual Administrative Assistance, which provides for all forms of administrative cooperation in tax matters, and has not clearly committed to do so by December 31, 2018.
Mitchell said Grenada had already made the relevant commitments, terming its inclusion "unfair." He said he now expects the territory to be removed from the blacklist before the end of January, noting progress will be made at a meeting with OECD authorities on January 23.
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