EU removes eight countries from tax haven list

The EU removed eight countries from its new tax

The EU on Tuesday removed eight countries including Panama and South Korea from its new tax haven blacklist, a European source said, a move that has drawn criticism from activists.

The United Arab Emirates, Tunisia, Mongolia, Macau, Grenada and Barbados were also lifted, in a change of mind that comes just weeks after the bloc unveiled its original list of non-EU countries.

Source:AFP