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Luxembourg News Headlines

XBT to Be Headquartered in Luxembourg
XBT Holding Ltd. announced the relocation of their headquarters from Cyprus to Luxembourg. The decision was determined by the favorable business conditions, steadily growing investments in ICT development, ...(1/23/2015 1:00:00 AM)
Mylan, Heinz among U.S. companies using Luxembourg for tax reduction
When Cecil-based generic drug giant Mylan bought Bioniche is 2010, it didn’t simply hand over a check to the owners of the Irish pharmaceutical firm.(1/25/2015 12:01:57 AM)
EU says part of Amazon's Luxembourg tax deal 'cosmetic'
By Philip Blenkinsop BRUSSELS (Reuters) - Luxembourg took just two weeks to sign off a partly cosmetic deal that allowed Amazon to shift a large part of its European profits to an untaxed entity, according to EU antitrust regulators. The European Commission, which rules on competition and subsidies in the European Union, announced in October that it had opened an investigation into a tax ruling ...(1/16/2015 4:49:20 AM)
EU charges Amazon tax deal with Luxembourg was illegal
EU regulators charged Luxembourg Friday with giving illegal tax breaks to Internet shopping giant Amazon, putting European Commission chief Jean-Claude Juncker back in the spotlight over deals made when he was the duchy's premier. The European Commission's preliminary findings into Amazon's deals with the tiny country were the latest in a widening probe by Brussels into sweetheart tax ...(1/16/2015 5:54:52 AM)
Second French suspect charged over ‘Luxleaks’ tax probe
LUXEMBOURG – A second French suspect was charged Friday with theft and money-laundering in ongoing investigations into the leaking of secret tax avoidance deals between Luxembourg and multinational companies, a scandal dubbed “Luxleaks.”(1/23/2015 9:43:26 PM)
SES and Luxembourg Government Plan to Launch Satellite in Late 2017
SES   announced today that it plans to launch a dedicated satellite for governmental use in partnership with the Luxembourg Government in late 2017. A L(1/13/2015 3:35:00 AM)
Fitch Affirms Luxembourg at 'AAA'; Outlook Stable
LONDON, January 16 Fitch Ratings has affirmed Luxembourg's Long-term foreign and local currency Issuer Default Ratings at 'AAA'. The Outlooks are Stable. The issue ratings on Luxembourg's senior unsecured ...(1/16/2015 4:04:20 PM)
Amazon-Luxembourg Tax Pact Clashes With Global Rules, EU Says
Amazon.com Inc. (AMZN) ’s hastily reviewed tax deal with Luxembourg, doesn’t comply with international accounting standards, European Union regulators said.(1/16/2015 2:54:05 AM)
EU says Amazon tax deal in Luxembourg may be illegal
The European Union's executive says the tax deal Amazon signed with Luxembourg may be illegal. The EU opened an investigation into Amazon in October and on Friday gave a preliminary assessment of its concerns ...(1/16/2015 4:16:23 AM)
Luxembourg's Tax Deals with Amazon Under Investigation
Amazon's 2003 tax arrangement with the country of Luxembourg is now the subject of an investigation by the European Commission, which found evidence...(1/16/2015 2:31:03 PM)
Source: Yahoo