Arab Today, arab today frances hollande presses luxembourg on tax avoidance
Last Updated : GMT 12:22:29
Arab Today, arab today
Arab Today, arab today

France's Hollande presses Luxembourg on tax avoidance

Arab Today, arab today

Arab Today, arab today France's Hollande presses Luxembourg on tax avoidance

French President Francois Hollande (L)
Luxembourg - AFP

French President Francois Hollande urged Luxembourg on Friday to "go as far as possible" in tackling tax avoidance in the wake of the Luxleaks scandal.
Investigative journalists last year found top international companies including Disney, Microsoft and Heinz benefiting from sweetheart tax deals with Luxembourg.
"Luxembourg has committed to bringing in new practices," Hollande said after talks with the tiny duchy's Prime Minister Xavier Bettel in Luxembourg.
But while Hollande praised Luxembourg's "efforts", especially in terms of information sharing, he also "invited Luxembourg to go as far as possible with this harmonisation."
Bettel rejected criticism of his country, saying Luxembourg "will not block anything" when it came to tax but urging new rules for all 28 EU nations.
The "LuxLeaks" scandal exposed deals that saved companies including Apple, IKEA and Pepsi billions of dollars in taxes while Jean-Claude Juncker -- the new president of the European Commission -- was Luxembourg's prime minister.
The scandal erupted when documents from auditing firm PriceWaterhouseCoopers were leaked to investigative journalists last year. Two suspects have been charged over the leaks.
The European Commission, the EU's executive arm, is already carrying out probes into several specific tax deals, including arrangements linking Luxembourg and online retailer Amazon, and Starbucks with the Netherlands.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today frances hollande presses luxembourg on tax avoidance Arab Today, arab today frances hollande presses luxembourg on tax avoidance

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today frances hollande presses luxembourg on tax avoidance Arab Today, arab today frances hollande presses luxembourg on tax avoidance

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday