France puts Bahamas and Seychelles on its tax haven blacklist

  • France has added The Bahamas, Anguilla, Virgin Islands, and Seychelles to its blacklist of tax havens for lack of cooperation, according to Public Accounts Minister Gerald Darmanin.
  • The Bahamas Attorney General Bethel told the local press that a final decision has not been made by the French government.  "As I understand it France is advising that they may blacklist us. I'm not aware that it has gone beyond foreshadowing by their Minister."
  • Earlier this year The Bahamas avoided being blacklisted as a tax haven by the European Union (EU).

(Source: International Investment)