Luxembourg Agrees To Help Fight Tax Cheats

Tax Forms

Luxembourg says it will exchange information with the rest of Europe to help fight tax evasion. The initiative, which is to start in 2015, follows international pressure on Luxembourg to end its policy of banking secrecy that critics say has helped people hide money from tax authorities. Luxembourg, a tiny country of half a million people, boasts a huge financial industry with more than 3 trillion euros ($4 trillion) in assets.

Sections:  news   world   
RELATED ARTICLES
  • Owner of Mystic Pizza pleads guilty to tax charges
    The owner of the Mystic Pizza restaurant made famous in a 1988 movie has pleaded guilty to federal tax charges. More
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • In Germany, a U.S. beer invasion
    Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
  • Cyprus parliament approves bailout
    Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
  • Baby food shortage in Europe due to China demand
    Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
BING NEWS:
  • Malawi Electoral Commission Gears Up for Second Phase of Voter Registration
    The Malawi Electoral Commission (MEC) is set to launch the second phase of the 2025 General Elections voter registration exercise, running from November 9 to November 22. This phase is crucial in ...
    11/4/2024 - 7:37 am | View Link
  • Fighting the IRS: Tax attorney offers tips
    David Leeper is a no-nonsense board-certified federal tax attorney with 45 years of experience in dealing with the Internal Revenue Service administratively and in litigation.
    11/4/2024 - 2:35 am | View Link
  • Trump v Harris election vote leaves corporate America facing $250 billion tax swing
    When polls close this week on the longest presidential campaign ever recorded, corporate America could pocket a potential quarter trillion in future untaxed profits should Donald Trump return to the ...
    11/4/2024 - 1:51 am | View Link
  • Dr Dalitso Kabambe: A potential presidential victor of 2024 UTM elective convention
    It is interesting to note that some UM National Executive Committee (NEC) members and the party president, Michael Usi are not speaking with one voice on pertinent party issues such as party’s ...
    11/3/2024 - 10:40 pm | View Link
  • The SALT Deduction Fight Is Coming Back—Whoever Wins the Election
    Tom Reed says, he was effectively persona non grata in New York City, thanks to the 2017 deal he helped negotiate that placed a $10,000 cap on state and local tax deductions.That limit, known as the ...
    11/3/2024 - 9:00 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News