The Ministry of Finance released a draft bill on 10 October 2024 of an updated decree listing states and territories considered non-cooperative in tackling tax avoidance and unfair tax competition.

The list is important in domestic law that addresses tax avoidance and unfair tax competition, outlining measures to tackle these issues. One of these measures is the denial of deductibility for business expenses related to transactions with entities in non-cooperative jurisdictions.

The following tax jurisdictions are considered non-cooperative:

  1. American Samoa (since 24 December 2021),
  2. Anguilla (since 21 December 2022),
  3. Fiji (since 24 December 2021),
  4. Guam (since 24 December 2021),
  5. Palau (since 24 December 2021),
  6. Panama (since 24 December 2021),
  7. Russian (since 20 December 2023),
  8. Samoa (since 24 December 2021),
  9. Trinidad and Tobago (since 24 December 2021),
  10. US Virgin Islands (since 24 December 2021),
  11. Vanuatu (since 24 December 2021).

The following tax jurisdictions have been removed from the non-cooperative jurisdiction list:

  1. Antigua and Barbuda (since 8 October 2024)
  2. Bahamas (since 20 February 2024),
  3. Belize (since 20 February 2024),
  4. Seychelles (since 20 February 2024),
  5. Turks and Caicos Islands (since 20 February 2024).

The draft needs approval from the Federal Council (Bundesrat) and will take effect following its publication in the Official Gazette.