European Union states have added ten jurisdictions to a draft tax haven blacklist, including the United Arab Emirates (UAE) and Bermuda, an EU official told Reuters on Tuesday, in a move that would triple the number of listed countries.
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In a meeting yesterday, EU envoys were due to agree on the new list which will then be formally adopted by EU finance ministers in a meeting on 12 March.
The new draft list has been broadened to 15 jurisdictions, including the UAE, Oman, the British territory of Bermuda, and other Caribbean and Pacific islands, the official said.
However, EU states are still considering whether Bermuda and the UAE will be added, the official said.
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Oman is a country on the Arabian Peninsula. Oman’s official religion is Islam. The coast is formed by…