{"id":13456,"date":"2018-03-14T11:39:05","date_gmt":"2018-03-14T15:39:05","guid":{"rendered":"https:\/\/antiguanewsroom.com\/?p=13456"},"modified":"2018-03-14T11:39:05","modified_gmt":"2018-03-14T15:39:05","slug":"antigua-and-barbuda-pleased-with-not-being-placed-on-eu-blacklist","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-pleased-with-not-being-placed-on-eu-blacklist\/","title":{"rendered":"Antigua and Barbuda pleased with not being placed on EU blacklist"},"content":{"rendered":"
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Antigua and Barbuda Wednesday said it is pleased that the island has not been placed on a blacklist of countries labeled as \u201ctax havens\u201d even though it had been placed on a so-called \u2018grey list\u2019.<\/p>

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European Union finance minister Tuesday decided to add Anguilla, the British Virgin Islands, Dominica and Antigua and Barbuda to the so-called grey list of jurisdictions which do not respect EU anti-tax avoidance standards but have committed to change their practices.<\/p>\n

The ministers had earlier announced the removal of St. Lucia from the blacklist but kept Trinidad and Tobago.<\/p>

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\u201cTaken from our perspective, we are happy not to have been listed since we have done tremendous amount of work on transparency and to adopt global best practices and standards,\u201d said Ambassador Dr. Clarence Henry, the region\u2019s longest-serving \u00a0officer for the European development programme.<\/p>

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The senior Antigua and Antigua diplomat, said that from the very beginning, Antigua and Barbuda through the different stakeholder agencies, including its United Kingdom High Commission, Inland Revenue and the Office of National Authorizing Office \u201cexchanged information and offered clarification to questions showing Antigua and Barbuda\u2019s continued transparency to such matters.<\/p>\n

\u201cWe continue to cooperate with he international community including the EU on these matters and we welcome the EU Council\u2019s decision,\u201d he added.<\/p>

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Earlier this month, the Caribbean Community (CARICOM) leaders who met in Haiti for the 29th inter-sessional summit, called on their finance ministers and central bank governors of the region to meet \u201cexpeditiously\u201d to consider new proposals as regional governments continue to react to decisions by Europe in listing some countries as tax havens.<\/p>\n

The communique issued at the end of the summit noted that the proposals on a CARICOM Strategy had been prepared by a CARICOM Technical Working Group.<\/p>

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Antigua and Barbuda Wednesday said it is pleased that the island has not been placed on a blacklist of countries labeled as \u201ctax havens\u201d even though it had been placed on a so-called \u2018grey list\u2019. European Union finance minister Tuesday decided to add Anguilla, the British Virgin Islands, Dominica and Antigua and Barbuda to the […]<\/p>\n","protected":false},"author":3,"featured_media":13457,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-13456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nAntigua and Barbuda pleased with not being placed on EU blacklist - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/antigua-and-barbuda-pleased-with-not-being-placed-on-eu-blacklist\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Antigua and Barbuda pleased with not being placed on EU blacklist\" \/>\n<meta property=\"og:description\" content=\"Antigua and Barbuda Wednesday said it is pleased that the island has not been placed on a blacklist of countries labeled as \u201ctax havens\u201d even though it had been placed on a so-called \u2018grey list\u2019. 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