Is Your Head Spinning? 5 Tips to Understand the ‘Lux Leaks’ Files. Want to see how global companies can avoid billions in taxes by routing their profits through Luxembourg?
All the information is there in the leaked documents, but understanding the complex structures companies set up is not an easy task. Here are a few tips on how to read the documents and knowing what to look for. 1. Start with the pictures (graphs and charts) In every ruling there’s a simplified structure chart of the company and the relevant entities they use to lower their tax bill. There’s a catch though: in a lot of these documents the advisors of PricewaterhouseCoopers use code names for subsidiaries, especially those outside of Luxembourg. Don’t worry yet if the structure chart doesn’t seem to make any sense, or just blows you away with its complexity, because now it’s time for step two… 2. When you have a basic idea of the structure, go back to the first page of the document.
Tax expert Richard Brooks explaining company structures to the ICIJ team in Brussels. Luxemburg Leaks - English version. New Leak Reveals Luxembourg Tax Deals for Disney, Koch Brothers Empire. Latest “Lux Leaks” files obtained by ICIJ disclose secret tax structures sought by “Big 4” accounting giants for brand name international companies A new leak of confidential documents expands the list of big companies seeking secret tax deals in Luxembourg, exposing tax-saving maneuvers by American entertainment icon The Walt Disney Co., politically controversial Koch Industries Inc. and 33 other companies.
Disney and Koch Industries, a U.S. -based energy and chemical conglomerate, both created tangles of interlocking corporations in Luxembourg that may have helped them slash the taxes they pay in the U.S. and Europe, according to the documents obtained by the International Consortium of Investigative Journalists. Widespread corporate use of tax maneuvers akin to these, in tax shelters the world over, are estimated to cost the U.S. treasury billions annually. Jean-Claude Juncker. Ernst & Young’s role Cranes and new buildings rise over historic Luxembourg.
The Irish Times. New Leak Reveals Luxembourg Tax Deals for Disney, Koch Brothers Empire. Luxemburg-Leaks: Steueraffäre weitet sich aus. Anzeige Neue Dokumente belegen, dass das Ausmaß der Steuervermeidung in Luxemburg deutlich größer ist als bisher bekannt.
Bisher stand nur die Steuerberaterfirma Pricewaterhouse-Coopers im Fokus. Doch auch die Prüfungsgesellschaften KPMG, Deloitte sowie Ernst & Young sind in das System der Steuervermeidung verwickelt. Betroffen von den neuen Enthüllungen sind 35 Konzerne, darunter Skype und Disney. Das Ausmaß der Steuervermeidung in Luxemburg ist deutlich größer als bisher bekannt.
Bisher hatte nur die Firma Pricewaterhouse-Coopers im Fokus gestanden. Die neuen Unterlagen enthüllen die Praktiken von 35 Unternehmen. Skype konnte über mehrere Jahre bis zu 95 Prozent der Lizenzeinnahmen steuerfrei kassieren. Im November hatten die SZ, NDR und WDR sowie das International Consortium of Investigative Journalists (ICIJ), der britische Guardian und weitere Medien berichtet, wie fast 350 Unternehmen Steuerzahlungen in Milliardenhöhe umgehen. Tax scheme leaker Antoine Deltour ‘just one element’ Antoine Deltour, a former employee of auditing firm PriceWaterhouseCoopers, has been charged with theft, money-laundering and exposing trade secrets before being released by a judge in Luxembourg.
Photo: James Alcock A Frenchman charged over leaking documents that revealed secret tax avoidance deals between Luxembourg and multinational companies has said he believes he is not the only whistleblower in the scandal. “I am just one element in a larger movement,” 28-year-old Antoine Deltour told Monday’s edition of the Liberation newspaper, in his first public comments on the controversy. Deltour, a former employee of auditing firm PriceWaterhouseCoopers (PwC), was on Friday charged with theft, money-laundering and exposing trade secrets before being released by a judge in Luxembourg. Juncker survived a vote of no confidence over the scandal late last month. PwC accuses Deltour of making copies of confidential data when he left the firm in 2010.
“So I am not alone,” he said.
'Het proces in Luxemburg is een belediging voor de journalistiek en voor klokkenluiders' Het Internationaal Consortium van Onderzoeksjournalisten (ICIJ), veroordeelt het aankomende proces van de Franse journalist en ICIJ-lid Edouard Perrin en twee klokkenluiders door Luxemburgse aanklagers, voor het lekken van vertrouwelijke documenten van het Luxemburgse kantoor van PwC.
Dat laat het ICIJ weten in de volgende mededeling: Edouard Perrin, voormalig PricewaterhouseCoopers (PwC) auditeur Antoine Deltour en een andere, niet genoemde, voormalige PwC-werknemer, zullen dinsdag voor een Luxemburgse rechtbank verschijnen. Er wordt verwacht dat het proces over het lek van vertrouwelijke documenten van het Luxemburgse PwC-kantoor, zes dagen zal duren. De honderden gelekte documenten vormden de basis van rapporten uit 2012 en 2013 door Perrin, en een algemeen onderzoek in 2014 door ICIJ. Die rapporten en het onderzoek onthulden hoe het piepkleine Europese Groothertogdom zeer efficiënt een belastingparadijs binnen de Europese Unie geworden was. Klokkenluiders LuxLeaks krijgen cel met uitstel. Ga naar De Tijd × De Tijd 30 juni 2016 Ga naar Home Meestgelezen Kaaiman T-Zine De krant online Abonneer Gesponsorde inhoud Ga naar Markten Live aandelen fondsen wisselkoersen grondstoffen rente agenda Ga naar Netto modeldocumenten.
