Andorra, San Marion & Liechtenstein Safe from EU Blacklist

EU business taxation officials have announced that Andorra and San Marino have both fulfilled their commitments under the EU Code of Conduct Group on, by adjusting or eliminating their ‘destructive’ tax schemes.

Consequently, when it is revised next year, they will not be placed on the EU blacklist of non-cooperative jurisdictions. Ecofin have also decided that Liechtenstein too is in the clear from the blacklist.