The European Union finance ministers agreed that eight jurisdictions, including much-criticized Panama, should be removed from the bloc’s blacklist of tax havens, one month after the list was set up? The shady decision prompted an outcry from worldwide lawmakers and activists. The move supposed to be in line with recommendations by EU tax experts in the “Code of Conduct” Group. The blacklist was only created in December, 2017 to discourage the most aggressive tax-evading practices … Continue reading EU removes Panama & Korea from Economic Black List