The Council of the European Union adopted revised conclusions on the EU list of non-cooperative jurisdictions for tax purposes.

Armenia has been removed from list of non-cooperative tax jurisdictions together with 15 other countries.

These countries managed to implement all the necessary reforms to comply with EU tax good governance principles ahead of the agreed deadline, EU said.

Meanwhile, Cayman Islands, Palau, Panama and Seychelles were included in the list of non-cooperative tax jurisdictions.