Wednesday, April 27, 2016

Everything You Need to Know About the LuxLeaks Scandal


By Seamus Kearney 

The very latest news 

A trial opened in Luxembourg on Tuesday (April 26) against two ex-employees of the accountancy firm PricewaterhouseCoopers (PwC) and a French journalist.

The defendants are accused of leaking information about international tax deals in a case that became known as LuxLeaks.

The details that emerged in the media, and which put the spotlight on tax deals struck through Luxembourg, have led to calls for major reforms of global financial rules and regulations.

The Grand Duchy had to fend off claims that it had conspired with multinational companies seeking to avoid paying tax elsewhere in the EU.

Those under the spotlight denied any wrongdoing. 

Click here for the full article.

Source: Euronews

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