Germany Amending Tax Haven Defense Ordinance on Non-Cooperative Jurisdictions to Remove Five Jurisdictions

The German Ministry of Finance has published a draft ordinance to amend the Tax Haven Defense Ordinance, which lists the jurisdictions treated as non-cooperative for the purpose of the Law to Prevent Tax Avoidance and Unfair Tax Competition (the Tax Haven Defense Law). The amendments are being made as a result of the February and October 2024 decisions of the EU Economic and Financial Affairs Council to remove Antigua and Barbuda, the Bahamas, Belize, the Seychelles, and the Turks and Caicos…