The EU has cleared Jersey from inclusion in its register of
"blacklisted" jurisdictions.
The EU Code of Conduct Group on Business Taxation ('the Code
Group') has determined that Jersey is a cooperative tax
jurisdiction, and will work with the Island throughout 2018 to
ensure that this position is maintained.
This assessment, which was approved by EU Finance Ministers at
the meeting of the Economic and Financial Affairs Council (ECOFIN)
in Brussels this morning, follows an intensive year-long screening
process by the Code Group.
The Chief Minister, Senator Ian Gorst, said: "This outcome
reflects the Island's commitment to the highest standards of
tax transparency and information exchange. We cooperated fully with
the Code Group throughout the screening process, and have actively
pursued a good neighbour policy in our relations with the EU. These
positive interactions have borne fruit.
