Is the UAE one of the G20's 40 'black listed countries?

[Mike.Park]

Tax

As far as the OECD is concerned, they have no issue with countries being competitive with respect to tax rates (or no taxes at all), nor do they take issue with countries protecting individuals by data protection legislation.

What they are trying to discourage are governments that lack regulatory transparency, governments that aren't willing to work with OECD member countries that make formal requests for information on certain individuals, mainly millionairs/billionairs that owe Uncle Sam big bucks!

Some interesting info here.