Member States update EU list of non-cooperative jurisdictions for tax purposes
To advance tax transparency and fair taxation globally, the EU updated its list of non-cooperative jurisdictions. This update reflects successful dialogues, with no new jurisdictions added to the list of 11 countries, including American Samoa, Anguilla, and Fiji. Positive changes are noted in some jurisdictions, indicating progress in resolving tax issues.
Eight jurisdictions have pending commitments to enhance their tax governance, including Antigua and Barbuda, Belize, and Seychelles. The EU will monitor these commitments closely.
The EU list aims to encourage jurisdictions to adopt good tax governance standards to combat tax fraud and avoidance. The list is updated biannually to remain relevant and accurate.
For more details, contact Anna-Kaisa Itkonen at +32 2 295 75 01 or Saul Goulding at +32 2 296 47 35.
Commission approves new geographical indication from France
The Commission approved the addition of Caviar dAquitaine to the list of Protected Geographical Indications (PGIs). This caviar is known for its buttery and nutty flavors, a result of its unique production process in the Aquitaine region. This approval adds to the list of over 3,649 protected products in the EU.
For more information, contact Balazs Ujvari at +32 2 295 45 78 or Thérèse Lerebours at +32 2 296 33 03.
Commission approves €2.3 billion Finnish State aid scheme
The European Commission approved a €2.3 billion Finnish scheme to support investments in strategic sectors and help decarbonise industrial processes. The scheme aligns with the State aid Temporary Crisis and Transition Framework, ensuring aid is only granted to new or repowered capacities. It aims to foster a climate-neutral economy by incentivising renewable energy projects.
For more information, contact Lea Zuber at +32 2 295 62 98 or Sara Simonini at +32 2 298 33 67.
Commission clears Roquettes acquisition of IFFs pharmaceutical solutions
The European Commission approved Roquettes acquisition of IFFs pharmaceutical solutions division, concluding it poses no competition concerns due to limited market overlap.
For more information, visit the competition website or contact Lea Zuber at +32 2 295 62 98 or Sara Simonini at +32 2 298 33 67.
ANNOUNCEMENTS
President von der Leyen attends the 48th CARICOM meeting
President Ursula von der Leyen will visit Barbados for the 48th CARICOM meeting, aiming to strengthen EU-Caribbean relations and discuss climate change and trade.
For more information, contact Paula Pinho at +32 2 292 08 15 or Stefan De Keersmaecker at +32 2 298 46 80.
Executive Vice-President Virkkunen hosts automotive roundtable
Executive Vice-President Henna Virkkunen led a roundtable on the automotive sectors digital transformation, discussing strategies to enhance competitiveness and innovation.
For more information, contact Anna-Kaisa Itkonen at +32 2 295 75 01 or Anna Wartberger at +32 2 298 25 04.
Commissioner Kubilius visits France for defense discussions
Commissioner Andrius Kubilius is in Paris to discuss European defense cooperation and support for Ukraine, contributing to the upcoming defense white paper.
For more information, contact Thomas Regnier at +32 2 299 10 99 or Flore Boutier at +32 2 296 60 43.