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Marshall Islands has been lifted from EU's list of tax havens

Island nation the Marshall Islands, which in 2018 was the world's second-largest flag state measured in tonnage, has officially been removed from the EU's list of tax havens.

Photo: Thomas Borberg/pxtb04634.jpg

The EU no longer views the Marshall Islands as a tax haven.

The Pacific island nation, which is one of the world's biggest flag states and thus home to numerous shipping companies, has now officially been struck off the EU's list of tax havens, according to a press release.

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