One year ago (5 December), the European Union published its first ever blacklist of tax havens. This was an assertive move against the ever-growing power of multinationals and private billionaires by an emboldened EU.
As a result of this pressure, many notorious tax havens committed to reform their tax laws before the end of 2018, and companies started moving away from tropical zero-tax islands.
However, if the blacklist is to remain a relevant tool in the fight against tax avoi...
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