Serbia "removed from EU's draft tax haven blacklist"

Serbia "removed from EU's draft tax haven blacklist"

But Serbia is now seen as "compliant with EU’s demands for additional commitments," the report said, without providing any other information.

However, Turkey's case is explained in detail, with Bloomberg saying that the country is " on course to dodge a potential inclusion EU's list of tax havens" after it offered "additional clarifications to the bloc in a letter sent on Friday."

Ankara’s commitments are now addressing all the issues identified, said an EU working group document updated on Monday and seen by Bloomberg.

“On the basis of new information provided, experts have concluded that the preferential regime named ‘regional headquarters regime’ is not meeting the criterion for the inclusion in the list of harmful tax regimes," the agency said, citing the document.

Last week, Bloomberg said that the draft envisaged including "as many as 36 countries" in the blacklist - Serbia, Armenia, Cook Islands, Marshall Islands, Panama, and Tunisia among them.