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Luxembourg leaks (sometimes shortened to lux leaks or luxleaks) is the name of a financial scandal revealed in november 2014 by a journalistic investigation conducted by the international consortium of investigative journalists. It is based on confidential information about luxembourg's tax rulings set up by pricewaterhousecoopers from 2002 to 2010 to the benefits of its. These private deals are legal in luxembourg.
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The background during the early 1990s luxembourg attracted a number of multinational corporations Luxleaks explained luxembourg leaks (sometimes shortened to lux leaks or luxleaks) is the name of a financial scandal revealed in november 2014 by a journalistic investigation conducted by the international consortium of investigative journalists It did so by implementing an eu directive that allowed firms to establish european headquarters and pay taxes there rather than in countries where their subsidiaries operated
Discover how the lux leaks investigation exposed global corporate tax evasion, reshaped international tax policies, and highlighted the importance of whistleblower protections
Ten years on, its impact on transparency and accountability continues to resonate worldwide. Case summary and outcome a luxembourg court handed down suspended jail sentences and fines in the trial of antoine deltour and raphaël halet, two french whistleblowers who were former employees of pricewaterhousecoopers (pwc) responsible for exposing luxembourg's giant system of tax avoidance for multinationals Columbia global freedom of expression could not identify official legal and. 10 years on, lux leaks remains a byword for corporate tax chicanery on 5 november, icij published an article saying that, in november 2014, icij and dozens of media partners published a groundbreaking exposé of corporate tax avoidance in the heart of europe called lux leaks
It says that a decade later, the impacts are still being felt. Luxembourg leaks (ou luxleaks) est le nom du scandale financier révélant le contenu de plusieurs centaines d'accords fiscaux très avantageux conclus par des cabinets d'audit avec l' administration fiscale luxembourgeoise pour le compte de nombreux clients internationaux. Halet was prosecuted and convicted of breaching corporate secrecy.
