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The European Union has added more countries to its blacklist

The February update by the EU brought changes to both the blacklist and grey list of non-cooperative countries.

On 17 February 2026, the EU ECOFIN Council published an updated list of non-cooperative tax jurisdictions, known as the Blacklist. Following the latest review, two new countries have been added to the list:

  • Turks and Caicos Islands – for promoting the creation of offshore structures or arrangements designed to attract profits without real economic activity,
  • Vietnam – for insufficient exchange of information on request and failure to comply with recommendations on country-by-country reporting.

Conversely, three countries that have taken measures to increase tax transparency have been removed from the Blacklist:

  • Fiji – after signing an administrative cooperation agreement and eliminating harmful tax regimes.
  • Samoa – after abolishing its preferential offshore regime.
  • Trinidad and Tobago – after improving the automatic exchange of information according to the OECD assessment.

Antigua and Barbuda and Seychelles were removed from the so-called grey list, which includes countries with certain commitments to the EU. Both countries have fulfilled their previous commitments on the exchange of information on request.

Following this latest revision, the EU Blacklist now includes the following 10 countries: American Samoa, Anguilla, Guam, Palau, Panama, the Russian Federation, the Turks and Caicos Islands, the US Virgin Islands, Vanuatu and Vietnam.

The grey list includes the following nine countries: Belize, British Virgin Islands, Brunei Darussalam, Eswatini, Greenland, Jordan, Montenegro, Morocco and Turkey.

The next update of the list is planned for October 2026. With this step, the EU is continuing its fight against tax evasion and promoting greater transparency in the global tax system.

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