Turkey has been spared from joining the EU's blacklist, diplomatic sources said, though it has failed to fulfill its commitments and Brussels is under pressure to handle the tensions with Ankara.
However, the 27 EU Member States will add the Cayman Islands, the first British overseas territory to join the Black List after Brexit.
Journalist Pelin Ünker, who was sentenced to over a year in jail over a series of "Paradise Papers" reports published on Cumhuriyet newspaper about offshore companies that allegedly belonged to former Prime Minister Binali Yıldırım's sons on the tax-haven island of Malta, was not sentenced over her journalistic activities, Yıldırım, now speaker of parliament, said on Jan. 10.
An Istanbul court has sentenced journalist Pelin Ünker to one year, one month and 15 days in jail over a series of articles named "Paradise Papers" published on Cumhuriyet newspaper about offshore companies that allegedly belonged to former Prime Minister Binali Yıldırım's sons on the tax-haven island of Malta.
About half of all the foreign profits of U.S. multinationals are booked in tax havens with Ireland topping the charts as the favorite, according to a new economic study on Sept. 10.