EU to remove 8 countries from tax haven blacklist

BRUSSELS: The EU will remove Panama, South Korea and six other countries from its recently unveiled EU tax blacklist at a meeting of finance ministers next week, a European Union official said on Tuesday. “Barring a major surprise, EU finance ministers should remove eight countries from the blacklist of tax havens,” the official said. The UAE, Tunisia, Mongolia, Macau, Grenada and Barbados are also to be struck from the list. The official said the countries removed from the list now move to the EU’s so-called “grey list”.