They remove Switzerland and other countries from the list of tax havens

It is worth remembering that the EU Finance Ministers announced last week that they were ready to pull out Switzerland and the United Arab Emirates (United Arab Emirates), according to a consolidated document.

Switzerland was part of the "gray list" which groups the bad students in tax matters who have not kept the commitments contracted since the creation of this same party by the EU on December 5, 2017.

"If Switzerland leaves this list, it is a success for me.The best list is the shortest," said the European Commissioner for Economic Affairs, Pierre Moscovici, delighted at a press conference at Luxembourg.

Oxfam, which fights against tax evasion, regretted the decision made by EU finance ministers.

"Switzerland has abolished its preferential tax regimes, but continues to offer companies significant tax incentives and low rates.This will likely continue to attract companies seeking to avoid paying their fair share of taxes." tax, "said the organization in a statement.

In October 2018, Switzerland adopted a tax reform but its application was delayed due to a referendum. Subsequently, certain amendments came into force and will come into effect on January 1, 2020.

The decision to remove Costa Rica from the gray list came after the Organization for Economic Co-operation and Development (OECD) examined the reform of the Costa Rican Free Zone regime in 2019, among other reasons, according to the document.

The United Arab Emirates and the Marshall Islands have left the blacklist of tax havens, which includes countries or territories considered "uncooperative", that is to say that they are not not committed to good tax behavior.

The black list includes American Samoa, Belize, Fiji, Guam, Oman, Samoa, Trinidad and Tobago, the US Virgin Islands and Vanuatu.

However, the sanctions against these countries are quite limited: only, it was planned to freeze the European funds that they could have received.