EU tax blacklist: how corporates can keep their reputation intact
Three Asian jurisdictions – Macau, Mongolia and South Korea – are tax havens by Europe; but when does a tax incentive become tax avoidance? And what are the risks to your business?
For those tax jurisdictions in Asia Pacific that have been under the watchful eye of global regulators, news last week that the EU had issued a blacklist on 17 countries that, in its opinion, facilitate global tax avoidance likely came as no surprise.
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