Economy & Trade
EU removes Panama from tax haven blacklist
The European Union removed Panama and Vietnam from its tax haven blacklist on Friday, saying Panama had met global standards on sharing tax information and changed a regime of exemptions for foreign-source income that the EU considered harmful.
The EU said Vietnam was also removed after undertaking reforms.
The updated list contains eight non-cooperative jurisdictions: American Samoa, Anguilla, Guam, Palau, Russia, Turks and Caicos Islands, the US Virgin Islands and Vanuatu.
The blacklist was created in 2017 after scandals including the Panama Papers. Panama was removed in 2018 before returning to the list in 2020.
Update
Vietnam was also removed from the blacklist after reforms.
The updated list contains eight non-cooperative jurisdictions.
The EU said Panama had met global standards on sharing tax information and reformed a harmful foreign-source income exemption regime.
Panama had been removed from the list in 2018 before returning in 2020.
Source note: AFP news report published on 9 October 2026 at 09:32:52 UTC.
Source
AFP news report published on .