EU adds three countries to its tax havens list

FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium June 17, 2022. REUTERS/Yves Herman/File Photo

European Union finance ministers on Tuesday added Anguilla, the Bahamas and Turks and Caicos Islands to the EU list of tax havens, expanding the roster to 12 countries.

Turks and Caicos Islands, near the Bahamas and Cuba, are listed for the first time. The Bahamas were already once listed in 2018 and then taken off, and Anguilla once in 2020.