EU removes eight countries from tax haven list: source

EU removes eight countries from tax haven list: source

The EU today removed eight countries including Panama and South Korea from its new tax haven blacklist, a European source said, a move that has drawn criticism from activists.

The United Arab Emirates, Tunisia, Mongolia, Macau, Grenada and Barbados were also lifted, in a change of mind that comes just weeks after the bloc unveiled its original list of non-EU countries.

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