France issues updated list of Tax heaven Jurisdictions!

France has now released its new list of tax heaven jurisdictions as initially announced in December 2019 by its Minister of Public Accounts, Mr. Gérald Darmanin.

Four countries, namely Anguilla, British Virgin Islands, Bahamas and Seychelles, have now been added to the list whilst the following 6 countries have now been removed: Botswana, Brunei, Guatemala, Marshall Islands, Nauru and Niue.

The new list consists of the following 13 blacklisted countries: Anguilla, Bahamas, Fiji, Guam, US Virgin Islands, British Virgin Islands, Oman, Panama, American Samoa, Samoan Islands, Seychelles, Trinity-Tobago, Vanuatu. The objective of this blacklist is to identify those jurisdictions that are not compliant to the international taxation norms.

Click on the link below to access the full article in French:

http://www.leparisien.fr/economie/anguilla-iles-vierges-bahamas-seychelles-la-france-elargie-la-liste-des-paradis-fiscaux-07-01-2020-8230425.php

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