Wednesday, December 10, 2014

Tax deal with Disney and Skype – Frankfurter Rundschau

Tax deal with Disney and Skype – Frankfurter Rundschau

December 10, 2014

If because of his time as Prime Minister and Finance Minister concluded by Luxembourg tax deal of criticism: European Commission President Jean-Claude Juncker.Foto: AP

The affair extremely lucrative tax benefits for national companies in Luxembourg also affects. Corresponding agreements with the tax authorities had, inter alia, the Internet giant Skype, Disney and hygiene products manufacturer Reckitt Benckiser.

Luxembourg

The affair extremely lucrative tax breaks for large international corporations in Luxembourg also affects. Corresponding agreements with the tax authorities had, inter alia, the Internet Group Skype , Disney and hygiene products manufacturer Reckitt Benckiser (RB) as NDR WDR and “Süddeutsche Zeitung” on Tuesday reported, citing records that has leaked to the International Consortium of Investigative Journalists (ICIJ) Last month, a whistleblower.

The documents show thus also shows that almost all of the major consulting firms have collaborated with the Luxembourg government. Now appeared next to PricewaterhouseCoopers and Deloitte, Ernst & amp; Young and KPMG in the data, it said.

Captures According to the report around 50 so-called “Advance Tax Agreements” for 35 companies. In it, the groups have open-ended as tax rates of less than one percent of the after Luxembourg shifted assure profits. The aforementioned corporations and the consultants Deloitte, Ernst & amp; Young and KPMG informed the NDR to having to comply with applicable laws.

The practice does not violate Luxembourg law. The government explained that the country would continue to inform affected countries strengthened.

reports on tax tricks especially for the new head of the European Commission Jean Claude Juncker, because he was unfortunate in the Grand Duchy long Premier and Minister of Finance. (AP)

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