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Luxleaks revelations stress the fact that tax rulings are a priori legal but secret under the law of luxembourg The final act of the luxleaks saga gave us a lot of food for thought and numerous issues to think about and write about, but most importantly provided invaluable legal analysis in the areas of freedom of expression, whistleblower protection, public interest and tax practices. [5] numerous european member states sign tax rulings (22 out of 28 states), but european statistics show that in 2014, luxembourg is the european country having the highest number of these ongoing 'sweetheart tax deals'

These private deals are legal in luxembourg. It is based on confidential information about luxembourg's tax rulings set up by pricewaterhousecoopers from 2002 to 2010 to the benefits of its. Luxleaks posed an entirely different, and reputationally more dangerous, problem, especially because of the role of luxembourg's tax authorities in signing off their rulings.

The luxleaks case is a stark reminder of the power dynamics at play in corporate governance

While exposing systemic tax avoidance required enormous personal risk, it pushed tax reform onto the global stage The story also highlights the need for robust whistleblower protections so individuals can shine a light on corporate misconduct without fear of retaliation The big deal behind the reveal as november 2024 marks the tenth anniversary of the luxleaks investigation, we reflect on the critical issues it unearthed about corporate tax practices, ethical governance, and policy responses. To achieve its mission, global freedom of expression undertakes and commissions research and policy projects, organizes events.

In november 2014, icij and dozens of media partners published a groundbreaking exposé of corporate tax avoidance in the heart of europe A decade later, the impacts are still being felt. Luxleaks explained luxembourg leaks (sometimes shortened to lux leaks or luxleaks) is the name of a financial scandal revealed in november 2014 by a journalistic investigation conducted by the international consortium of investigative journalists

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