25 January 2018

UAE removed from EU list of uncooperative jurisdictions for tax purposes

The European Union (EU) removed the United Arab Emirates (UAE) from its black list on January 23, along with seven other jurisdictions. In response to the Council of the European Union conclusions stating that the UAE does not apply the Organisation for Economic Co-operation and Development's (OECD) Base Erosion and Profit Shifting (BEPS) Minimum Standards and did not commit to addressing these issues by December 31, 2018, the UAE has made a firm commitment to address the issues identified by the EU.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2018-0191

Document ID: 2018-0191