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Know-How

The Tax Haven List (Update 2021)

6-01-2021

In order to tackle international tax evasion and fraud, Governments around the world have been adopting several anti-abuse measures that seek to restrain abusive operations when it comes to income and wealth taxes.

As such, and similarly to the European Union and the other Member States, Portugal has an official “blacklist” of jurisdictions whose tax regimes are deemed as clearly more favourable, a list from which the Principality of Andorra has now been excluded, since January 1st, 2021, after a formal request addressed to the Portuguese Government.