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MEPs vote to add Channel and British Virgin Islands to tax haven blacklist

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UK overseas territories such as Cayman Islands also may lose protection once afforded by UK’s EU membership

The European parliament is pushing for UK overseas territories and crown dependencies, including the British Virgin Islands, Guernsey and Jersey, to be added to an EU tax havens blacklist after the conclusion of the Brexit deal.

Sending a signal that tougher action on tax avoidance was required in response to the coronavirus pandemic, MEPs voted overwhelmingly in favour of adding more nations and territories to the list of non-cooperative jurisdictions.

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