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Antigua and Barbuda Cleared from EU’s Noncooperative Jurisdictions List!

Source link : https://theamericannews.net/america/antigua-and-barbuda/antigua-and-barbuda-cleared-from-eus-noncooperative-jurisdictions-list/

Antigua and Barbuda Cleared from EU Non-Cooperative Jurisdictions List

In a notable achievement for the Caribbean nation, Antigua and Barbuda has been officially removed from the European Union’s list of non-cooperative tax jurisdictions, as reported by Deloitte. This pivotal decision represents a significant step forward for the twin-island nation, aiming to improve its global standing and create a more conducive economic atmosphere. The EU’s list is designed to encourage transparency and equitable tax practices, serving as a benchmark for nations striving to meet international expectations.With this recent development, Antigua and Barbuda is set to attract greater investment while strengthening its financial sector, indicating a renewed dedication to compliance and collaboration on an international scale. As the country navigates the intricacies of global finance, this change is expected to have far-reaching effects on both local and international markets.

Milestone in Global Financial Compliance Achieved by Antigua and Barbuda

In an crucial move that highlights its commitment to financial integrity, Antigua and Barbuda has successfully exited the European Union’s list of noncooperative jurisdictions. This outcome stems from persistent efforts by the Antiguan government aimed at refining its regulatory framework in alignment with global standards. The EU’s recognition of these reforms marks a crucial moment for the country, opening doors for increased foreign…

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Author : Charlotte Adams

Publish date : 2025-06-08 23:51:00

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