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EU COUNCIL BLACKLISTS FIJI for country's harmful preferential tax laws. Blacklisting is a powerful tool to tackle countries that encourage abusive TAX practices, which erode the EU states corporate tax revenues

24/2/2021

 

The EU statement says it has added FIJI to the list as the country has harmful preferential tax laws. It says Fiji also is not a member of the global forum on transparency and exchange of information for tax purposes. Fiji has not signed and ratified the convention on mutual administrative assistance as amended. The statement points out that Fiji has not resolved these issues yet for the last three years when it was first blacklisted for non-cooperative jurisdictions for tax purposes. The EU list of non-cooperative jurisdictions for tax purposes is a tool to tackle:
tax fraud or evasion; illegal non-payment or under payment of tax;
tax avoidance; use of legal means to minimise tax liability; money laundering; concealment of origins of illegally obtained money
Fijileaks:
And yet Minister for Economy Aiyaz Sayed Khaiyum is holding back $37million grant to USP until it acts on the 33 allegations contained in "Uncle Mahmood Khan Report"

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EU AMBASSADOR TO FIJI Sujiro Seam and Aiyaz Sayed Khaiyum

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