UAE says it expects to be taken off EU’s tax blacklist

The United Arab Emirates expects to be taken off the European Union’s tax-haven blacklist after meeting criteria for transparency set by the EU, the UAE government said on Thursday.

“We have committed to a reform process which will be finalised by October 2018, and we are absolutely confident this will ensure the UAE is swiftly removed from the list,” the government said in a statement.
Source: Reuters (Reporting by Andrew Torchia, editing by Larry King)