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EU Member States could be candidates for blacklisting from next March

Monday, 9 December, 2019

The Danish government has prepared a document, supported by Germany, France, Spain and Austria among others, urging EU finance ministers across the bloc to discuss extending the criteria for its blacklist of 'non-cooperative' jurisdictions, so that EU Member States can be included on the list.

The current criteria, agreed by EU Council ministers in July 2016, before publication of the first blacklist in December 2017, restrict the list to third countries.

The new European Commission took office on 1 December under new president Ursula von der Leyen, and a review of the criteria is scheduled to take place by March 2020.

The proposal calls for a discussion on whether the current criteria 'provide sufficient protection against tax avoidance and evasion', and asks, 'Do we [the EU] internally have sufficient safeguards against tax avoidance and evasion?'

According to Reuters, the European Commission supports the Danish initiative.