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EU May Include Turkey on a Blacklist of Tax Havens
http://www.novinite.com/articles/185583/EU+May+Include+Turkey+on+a+Blacklist+of+Tax+Havens
The
European Union may include Turkey on a blacklist of tax havens as soon
as next month, in a move that could further strain ties between Ankara
and the world’s largest trading bloc.
An EU working group tasked with
screening “non-cooperative jurisdictions for tax purposes” concluded
that Turkey’s commitments to address transparency issues and abolish
sweetheart tax regimes are so far “not sufficient,” according to people
familiar with the matter and confidential documents seen by Bloomberg.
The so-called Code of Conduct group could recommend to EU finance
ministers to add non-compliant countries to a blacklist on Dec. 5...
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