France removes Belize from 2012 Blacklist

Belize was removed from the “black list” of countries considered to be uncooperative in tax matters that has been recently updated by French Finance Minister François Baroin and Budget Minister Valérie Pécresse.

The revised 2012 list is confirmed in a French government decree dated April 4, published in the country’s official journal dated April 12, 2012. The blacklist has retroactive effect from January 1, 2012. It includes 8 jurisdictions: Brunei, Guatamala, Marshall Islands, Montserrat, Nauru, Niue, the Philippines, and Botswana.

In accordance with the 2012 decree, 11 jurisdictions were removed from this list. Along with Belize, the following jurisdictions were excluded: Anguilla, Costa Rica, Dominica, Grenada, Cook Islands, the Turk and Caicos Islands, Liberia, Oman, Panama and Saint Vincent and the Grenadines.

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