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About: http://data.cimple.eu/news-article/4143e783e2cd9a3da262918036d780a02de78474fbe4fe0a8b940def Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	The EU on Tuesday put Panama back on its blacklist of tax havens after deciding the country had not done enough to meet global transparency standards. Panama, along with the Cayman Islands, Seychelles and Palau were added to eight other territories already deemed to be "non-cooperative tax jurisdictions," the Council of the EU said in a statement following a meeting of the bloc's finance ministers. They join American Samoa, Fiji, Guam, Oman, Samoa, Trinidad and Tobago, the US Virgin Islands and Vanuatu on the list. The addition of the Cayman Islands represented the first time an overseas British territory was placed on the EU's blacklist. One German conservative member in the European Parliament, Markus Ferber, said that should serve as "a warning to the United Kingdom" following its departure last month from the European Union. The European Union is concerned that Britain might want to undercut EU tax standards to gain a competitive economic advantage over the bloc. EU-UK negotiations to work out a basic future relationship are to take place this year. The European Union had removed Panama from its blacklist in 2018, shifting it to a halfway greylist after accepting the Central American's promises to comply with rules on sharing tax information in the wake of the 2016 "Panama Papers" revelations. But the EU statement on Tuesday said that it and the other blacklist additions "did not implement the tax reforms to which they had committed by the agreed deadline". Turkey -- a major trading partner that also serves as a bulwark against migration flows -- is being scrutinised by the EU under those standards, but has been given to later this year for a full evaluation. The EU standards on tax transparency align with criteria set by the OECD. They aim to fight tax evasion by ensuring the automatic exchange of fiscal information between countries' authorities. The blacklist was first drawn up in 2017 in the wake of several scandals, including the Panama Papers and LuxLeaks, that pushed Brussels into doing more to fight tax evasion by multinationals and the rich. EU member countries cannot be on the list and blacklisted countries face only limited sanctions, consisting of freezing them out of European aid or development funding. tjc-rmb/cdw
schema:headline	Panama back on EU tax-haven blacklist
schema:mentions	Blacklisting Cayman Islands American Samoa Panama Papers Samoa United States Virgin Islands Fiji Seychelles Vanuatu European Parliament Guam Palau Oman Panama Tax evasion Brussels OECD Turkey European Union United Kingdom United States Markus Ferber British Virgin Islands Tax haven Trinidad and Tobago CDW
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-18 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	86 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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