Annex 5 – An Illustrative Transitional List of Low Tax Jurisdictions

ANDORRA

ANGUILLA

ANTIGUA AND BARBUDA

BAHAMAS

BAHRAIN

BARBADOS

BERMUDA

BRITISH CHANNEL ISLANDS

BRITISH VIRGIN ISLANDS

BRUNEI

CAMPIONE

CAYMAN ISLANDS

COOK ISLANDS

COSTA RICA

CYPRUS

DJIBOUTI

DOMINICA

FRENCH POLYNESIA

GIBRALTAR

GRENADA

HONG KONG

ISLE OF MAN

JAMAICA

JORDAN

KUWAIT

LIBERIA

LIECHTENSTEIN

LUXEMBOURG

MACAU

MALAYSIA

MARSHALL ISLANDS

MONACO

MONTSERRAT

NAURU

NETHERLANDS ANTILLES

NETHERLANDS

NEVIS

NEW CALEDONIA

NORFOLK ISLAND

OMAN

PANAMA

PHILIPPINES

SAINT HELENA

SAINT KITTS

SAINT LUCIA

SAINT VINCENT

SEYCHELLES

SINGAPORE

SRI LANKA

SWITZERLAND

TONGA

TURKS AND CAICOS ISLANDS

UNITED ARAB EMIRATES

URUGUAY

VANUATU

VENEZUELA

(Some of the above jurisdictions are listed as they tax on a territorial basis.)