The ECOFIN Council also provided some countermeasures to encourage countries placed on the blacklist of tax havens to change their behavior.
The 17 extra-EU jurisdictions seen as "not cooperative on tax matters" are South Korea, American Samoa, Bahrain, Barbados, Grenada, Guam, Macau, the Marshall Islands, Mongolia, Namibia, Palau, Panama, St. Lucia, Samoa, Trinidad & Tobago, Tunisia and the United Arab Emirates.
The penalties could include special documentation requirements and withholding tax measures.
Dozens more countries avoided censure by pledging to improve their tax rules, transparency and information sharing.
The announcement comes less than a month after the publication of the Paradise Papers, a global leak containing information about individuals and companies holding offshore finances.
Other jurisdictions are understood to have been given leeway after suffering severe damage during hurricanes in the Caribbean earlier this year.
An existing list of tax havens compiled by the Organisation for Economic Cooperation and Development (OECD) now includes only Trinidad and Tobago.
According to the Independent UK, Pierre Moscovici, Commissioner for Economic and Financial Affairs, Taxation and Customs on Tuesday said the adoption of the first-ever European Union blacklist of tax havens marks a key a key victory for transparency and fairness, but noted that the process does not stop here.
European authorities have urged nations to up their efforts in committing to greater tax transparency over the past year.
It has also taken legal action against major firms including Amazon that have been accused of owing back taxes. Lower-tax countries like Ireland and the Netherlands argue that will hurt Europe's competitiveness. British overseas territories and crown dependencies, such as the Cayman Islands and Bermuda, were featured on this, despite being involved in numerous tax avoidance schemes. Some did so by promising to clean up their act.
Alex Cobham of Tax Justice Network, a campaign group, said at the time that the document marked a disheartening return to "the [OECD'S] old pattern of creating "tax haven" blacklists on the basis of criteria that are so weak as to be near enough meaningless, and then declaring success when the list is empty". "Tax dodging means less money available for healthcare, education and the fight against poverty".
The EU says it updates the list at least annually.
The men were arrested last week following a joint operation by MI5, the UK's counter-terrorism security service, and police. Officials said it was the 22nd foiled plot since March as hundreds of terrorist suspects remain under investigation.
Klahs had a police record showing felony convictions for burglaries and drug offenses, and misdemeanor assault and thefts. TV news footage showed that a black Arnold police SUV appeared to have crashed near the police department parking lot.
Découvrez le dernier trailer de la saison 4 de Black Mirror avec USS Callister grandement inspiré de Star Trek . Le show de Charlie Booker, acheté par Netflix en 2015 reviendra le 29 décembre 2017 . Ça promet.
While working conditions may have improved, Thomson says she's aware women remain in the minority in the science and tech fields. In Montreal, a wreath of white roses will be placed at the commemorative plaque at the school where the shooting occurred.
He concluded by saying that an "obstruction" case against President Trump would be both unprecedented and unsafe for the country. Dershowitz said a president can not be charged with obstruction for merely exercising his constitutional authority.
Finally, ETRADE Capital Management LLC boosted its holdings in shares of Education Realty Trust by 4.5% during the second quarter. Massachusetts-based Rampart Investment Management Limited Liability Com has invested 0.07% in Vornado Realty Trust (NYSE:VNO).
Les Monégasques n'ont toujours pas digéré la défaite qu'ils leur ont administré à domicile, lors de la phase aller (0-3). La fin d'un long calvaire pour les hommes de Leonardo Jardim.
Amazon launches Prime Now in Singapore
These services would be sought now that the American retailer has ended its Free AmazonGlobal Saver Shipping service to Singapore. They're getting Amazon Prime, but only for products that they purchase from Amazon in the USA some 9,000 odd miles away.
Nigeria Army replaces Commander Operation Lafiya Dole
In May, he took over the theatre command from Lucky Irabor who is now coordinating the multinational joint task force (MNJTF). In June, barely a month after Ibrahim took over, Boko Haram insurgents attacked Maiduguri, the Borno state capital.