Luxembourg fails OECD tax transparency test
Luxembourg, together with Cyprus, the Seychelles and the British Virgin Islands, was deemed non-compliant in an OECD assessment on tax transparency published on Friday, with the government criticising the report as “excessively harsh.”
(CS) Luxembourg, together with Cyprus, the Seychelles and the British Virgin Islands, was deemed non-compliant in an OECD assessment on tax transparency published on Friday, with the government criticising the report as “excessively harsh.”
The Luxembourg Finance Ministry had delivered a preemptive strike this week, issuing an official statement ahead of the publication of the report by the Global Forum on Transparency and Exchange of Information for Tax Purposes.
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