ECOFIN ministers agreed to remove Namibia from the EU’s list of non-cooperative tax jurisdiction. The list is now down to five non-cooperative jurisdictions: American Samoa, Guam, Samoa, Trinidad and Tobago and the US Virgin Islands, whilst a total of 65 jurisdictions are now actively cooperating with the EU in implementing tax good governance standards.

The EU’s list was established in December 2017 and aims to prevent tax avoidance by businesses and promote tax good governance worldwide.