The EU introduced a tax haven blacklist late in 2017 after concerns that not enough was being done by some counties to reduce perceived tax dodging. The list was put in place by the European Council’s Code of Conduct (COC) and inclusion is based on whether a country is seen to be giving preferential treatment to companies, so as to enable them to move profits to avoid charges. To be removed from the list, a country needs to demonstrate that it has taken sufficient measures to reduce the problem, and therefore “remedy” the EU’s concerns about their approaches to tax dodging. Panama, Barbados and Grenada were among states that came off the list, which now includes only nine nations. Three co
Silk Trading Route between China and India
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