Finance
Luxembourg ranks sixth in world's tax havens, report says
Switzerland in top spot, followed by US, according to Tax Justice Network
Luxembourg ranks sixth in the world's tax havens, according to a report from the Tax Justice Network on Tuesday that put Switzerland in top spot, followed by the US.
The Financial Secrecy Index, an assessment of global financial centres compiled by the left-leaning research and advocacy group, bumped up the US from its number three spot in 2015 – the last time the study was conducted – following its increased share of the global market for offshore financial services.
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