EU adding Bahamas to tax-haven blacklist

The EU is adding Anguilla, the Bahamas, and Turks and Caicos Islands to its blacklist of tax-havens, in what some have called a "fig-leaf" exercise.

The three Caribbean countries are being added because they facilitate "offshore structures and arrangements aimed at attracting profits without real economic substance," the EU said in a draft decision seen by EUobserver on Monday (26 September).

Meanwhi...