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                        <title>EU Classifies the Cayman Islands as a Non-Cooperative Jurisdiction for Tax Purposes</title>
                        <link>https://tax.weil.com/europe/cayman-islands-eu-tax-classification/</link>
                        <pubDate>Thu, 20 Feb 2020 09:48:09 +0000</pubDate>
                                                        <dc:creator>Stuart Pibworth</dc:creator>
                                                <guid isPermaLink="false">https://tax.weil.com/?p=838</guid>
                        <description><![CDATA[On 18 February 2020, the Council of the European Union added the Cayman Islands to the EU list of non-cooperative jurisdictions for tax purposes. Although being on the EU blacklist is not necessarily cause for immediate alarm for investors in Cayman vehicles, it does mean that transactions and structures using Cayman entities may be subject to additional administrative requirements by EU Member States and there may be increased levels of mandatory tax reporting in respect of arrangements involving the Cayman Islands to EU tax authorities.]]></description>
                        <content:encoded><![CDATA[<p>On 18 February 2020, the Council of the European Union (the “Council”) added, amongst others, the Cayman Islands to the EU list of non-cooperative jurisdictions for tax purposes. Although being on the EU blacklist is not necessarily cause for immediate alarm for investors in Cayman vehicles, it does mean that transactions and structures using Cayman</p>
<p>The post <a href="https://tax.weil.com/europe/cayman-islands-eu-tax-classification/">EU Classifies the Cayman Islands as a Non-Cooperative Jurisdiction for Tax Purposes</a> appeared first on <a href="https://tax.weil.com">Weil Tax BLOG</a>.</p>
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