The Council of the European Union updated on October 8, 2024 the EU list of non-cooperative jurisdictions for tax purposes (Annex I and Annex II). Antigua and Barbuda was excluded from Annex I and included in Annex II. Mainly, in the case of arrangements involving companies from jurisdictions that are on the list of non-cooperative jurisdictions for tax purposes, reporting obligations may arise in Romania according to DAC6 and CbCR rules (country-by-country reporting rules). Companies should review the updated list and consider the possible consequences for transactions with companies located in the listed jurisdictions.
