Latin American Economy & Business - April 2018 (ISSN 1741-7430)

More stringent tax transparency requirements on the part of the international community are having implications for governments presiding over economies with significant offshore banking sectors – including the Bahamas. Both the OECD, under the auspices of the Financial Action Task Force (FATF), and the G20 have published lists of non-cooperative tax jurisdictions for several years. Although Bahamas has featured occasionally previously – including on the FATF’s blacklist from 2000-2001 – it has not been blacklisted since then.