EU to put Cayman Islands on tax haven blacklist

Cayman Islands

The EU blacklists tax haven the Cayman Islands following the UK departure from the EU.

Blacklisted countries face additional hurdles in accessing EU funds and European companies must take additional compliance measures if they do business in the territories
The decision will be seen as a shot across the bows of the UK ahead of negotiations on the future relationship with the bloc. ~ The Guardian.

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