how tiny state rubber-stamped tax avoidance on an industrial scale – Leaked documents show that one of the EU’s smallest states helped multinationals save millions in tax, to the detriment of its neighbours and allies – Published on The Guardian, by Simon Bowers, Nov 5, 2014. (See also: Audio – Irish Times Business Podcast: Lux Leaks, 19.44 min).
An unprecedented international investigation into tax deals struck with Luxembourg has uncovered the multi-billion dollar tax secrets of some of the world’s largest multinational corporations.
A cache of almost 28,000 pages of leaked tax agreements, returns and other sensitive papers relating to over 1,000 businesses paints a damning picture of an EU state which is quietly rubber-stamping tax avoidance on an industrial scale. Continuer la lecture de « Tax avoidance – Luxembourg tax files »