The Bahamas, Belize, Seychelles, and Turks and Caicos Islands are no longer part of the European Union's list for non-cooperative tax jurisdictions.
The EU list consists of countries that do not comply with good tax governance criteria, which are aligned with the Organisation for Economic Co-operation and Development's (OECD) standards.
Twelve countries, including Russia — the largest country on the list of largely island nations - remain on the register of countries that do not cooperate with the EU or have not fully met their commitments.
The EU established the list in 2017 as part of its efforts to fight tax evasion and avoidance and it is regularly revised to reflect the most recent changes in governance measures of jurisdictions.
