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As Juncker Prepares To Exit, Successor Eyes Luxembourg's Status As Tax Haven

Video Credit: Wochit News - Duration: 00:43s - Published
As Juncker Prepares To Exit, Successor Eyes Luxembourg's Status As Tax Haven

As Juncker Prepares To Exit, Successor Eyes Luxembourg's Status As Tax Haven

EU commissioners will discuss an IMF report that lists Luxembourg as a world-leading tax haven.

It comes just days after the former leader of the Grand Duchy departs the EU executive’s helm.

Vice-President Margrethe Vestager and tax commissioner Paolo Gentiloni will on Monday meet IMF researchers.

The researchers investigated the impact of tax havens on global tax revenues.

Luxembourg is a country of 600,000 people.

It hosts as much foreign direct investment as the US.

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