Saturday, August 31, 2019

Why has the European Commission not investigated Lux Leaks tax deals?




My Orchids "Transparency"








































By:

Simon Bowers
Britain

Simon Bowers, Great Britain, is an ICIJ reporter and Europe partnership coordinator.

The  article goes back to February 2019. No, six months later nothing has disturbed the comfortable silence about this story. Though there are still some related legal actions. 

One noticeable one is a court case brought by the Luxembourg government before the European Court of Justice against the European Commission, still headed by a Luxembourg politician, Jean-Claude Juncker, former decades long Prime Minister of the Grand Duchy of Luxembourg. At issue is the determination that Amazon, establishing operations in Luxembourg, owed the Luxembourg State 250 million in taxes after the company took advantage of a legendary Luxembourg tax break. The Luxembourg government rather went to Court than taking the money.

European tax rulings are still competing towards a de facto zero tax for international corporations.



No comments:

Post a Comment