News & Insights

EU Tax Blacklist - Cayman Omitted Bermuda Gets Caught Out

A so-called ‘blacklist’ drafted by the EU includes 15 countries which were identified by the EU as having either failed to deliver on commitments or which made no commitment at all to address tax abuse and unfair tax competition.

Whilst the Cayman Islands does not feature on the list, Bermuda has been blacklisted for failing to make regulatory changes it had previously promised to make.

If you would like further information please contact:

Chris Humphries
Managing Director
Tel:(+1 345) 814 7911

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This publication is for general guidance and is not intended to be a substitute for specific legal advice. Specialist advice should be sought about specific circumstances.