With this update, 11 jurisdictions remain on the EU's blacklist, including Panama, the Russian Federation, and Anguilla. Meanwhile, nine jurisdictions are on the watchlist for ongoing commitments to improve tax governance, which the EU will monitor closely.

The primary goal of the EU’s list is to encourage fair taxation and combat tax evasion globally. It is part of a broader effort to promote tax good governance through cooperation with international partners. The listing process of the EU, which is updated twice annually, helps countries improve their tax systems by providing guidance and technical assistance, ensuring a global standard of transparency and fair taxation.

The news article can be found here and the EU list of non-cooperative jurisdictions for tax purposes can be accessed here.