At the European Union (EU) Economic and Financial Affairs Council (ECOFIN) meeting in Brussels this morning (10 October 2019), it was announced that the Republic of the Marshall Islands (RMI) was removed from the EU’s list of non-cooperative jurisdictions for tax purposes.
The ECOFIN’s decision is the culmination of multiple months of constructive dialogue between the RMI and representatives from the EU Code of Conduct Group and European Commission.
The RMI will maintain its engagement with the EU and other international institutions to ensure that, within its specific context and scale as a small island nation, international standards of corporate governance and taxation continue to be met.
“We remain firmly committed to further cooperation and constructive dialogue with our EU partners,” concluded James Myazoe, RMI Deputy Registrar of Corporations.
For further information contact:
James
Myazoe, RMI Deputy Registrar of Corporations
Tel: +692 247 3018
Email: tcmi1@minta.mh
