
- Mar 24, 2019
Fiji and Vanuatu amongst the Pacific nations that now appear on EU blacklist
Introduction With five Pacific Island nations namely Fiji, Vanuatu, Samoa, American Samoa and Marshall Islands now featuring on EU’s revised “blacklist” of tax havens, we take a closer look at the implications the blacklist will have on these economies. More importantly – how could this status affect trade and doing business in these countries? Legality of Tax Havens In today’s age of globalisation and digitisation, tax havens challenge international economic and legal norms