The UAE's reaction to the EU's decision to add it to the black list of tax havens
The UAE's reaction to the EU's decision to add it to the black list of tax havens The UAE's reaction to the EU's decision to add it to the black list of tax havens

The UAE's reaction to the EU's decision to add it to the black list of tax havens

Abu Dhabi, United Arab Emirates:- The United Arab Emirates (UAE) has said it has submitted to the European Union a detailed timetable on the series of measures implemented in this area of ​​taxation, saying it regrets its inclusion in the black list of tax havens.

"This step came despite the great cooperation shown by the UAE with the European Union and its efforts to meet all the special requirements," the statement said.

The European Union has expanded its black list of tax havens, including 10 new countries including the United Arab Emirates, Barbados and the Marshall Islands because of their tax policies.

Rome has called for the UAE to be placed on the gray list of countries that have pledged to keep their tax laws in line with the criteria set by Brussels.

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