The Cayman Islands is not on the EU's list of
non-cooperative jurisdictions for tax purposes.
The list is the outcome of the EU's screening process to
identify countries that it considers to be non-cooperative in
working with EU Member States to combat tax fraud, evasion and
avoidance, which erodes the tax bases of EU Member States.
The EU announced the list of 17 non-cooperative jurisdictions
today. It also announced a list of 47 countries that it considers
cooperative, but that it says can make further enhancements to
prevent misuse of their jurisdictions. The Cayman Islands is
included among these 47 countries.
In developing its lists, the EU assessed jurisdictions against
three criteria. The EU had no concern with Cayman's position on
two of these criteria: tax transparency, in relation to our
exchange of tax information with other countries; and
implementation of the OECD's base erosion and profit shifting
(BEPS) programme, which addresses multinational
