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EU says part of Amazon's Luxembourg tax deal 'cosmetic'
By Philip Blenkinsop BRUSSELS (Reuters) - Luxembourg took just two weeks to sign off a partly cosmetic deal that allowed Amazon to shift a large part of its European profits to an untaxed entity, according to EU antitrust regulators. The European Commission, which rules on competition and subsidies in the European Union, announced in October that it had opened an investigation into a tax ruling ...
Fri, 16 Jan 2015 01:49:20 -0800

EU charges Amazon tax deal with Luxembourg was illegal
EU regulators charged Luxembourg Friday with giving illegal tax breaks to Internet shopping giant Amazon, putting European Commission chief Jean-Claude Juncker back in the spotlight over deals made when he was the duchy's premier. The European Commission's preliminary findings into Amazon's deals with the tiny country were the latest in a widening probe by Brussels into sweetheart tax ...
Fri, 16 Jan 2015 02:54:52 -0800

Microsoft NZ ownership transferred from US to Luxembourg
Microsoft denies a transfer of ownership of its New Zealand business from the United States to Luxembourg is related to the tiny European state's favourable tax policies.
Tue, 27 Jan 2015 16:58:17 -0800

XBT to Be Headquartered in Luxembourg
XBT Holding Ltd. announced the relocation of their headquarters from Cyprus to Luxembourg. The decision was determined by the favorable business conditions, steadily growing investments in ICT development, ...
Thu, 22 Jan 2015 22:00:00 -0800

Dubai-Luxembourg firm launches Islamic factoring for SMEs
An investment group based in Dubai and Luxembourg has launched an Islamic trade receivables financing platform catering to the Gulf region's small businesses, with plans to tap the capital markets to fund the venture, its chief executive told Reuters. Tawreeq Holdings developed the concept over the past year and a half, aiming to give smaller firms a funding alternative to bank loans, which can ...
Tue, 27 Jan 2015 00:30:53 -0800

Luxembourg Backed ‘Cosmetic’ Amazon Deal in 11 Days, EU Says
Amazon posted a net loss of $437 million in the third quarter last year, its worst since at least 2003. Close Amazon posted a net loss of $437 million in the third quarter last year, its worst since at least 2003.
Thu, 15 Jan 2015 23:54:05 -0800

Fitch Affirms Luxembourg at 'AAA'; Outlook Stable
LONDON, January 16 Fitch Ratings has affirmed Luxembourg's Long-term foreign and local currency Issuer Default Ratings at 'AAA'. The Outlooks are Stable. The issue ratings on Luxembourg's senior unsecured ...
Fri, 16 Jan 2015 13:04:20 -0800

SES and Luxembourg Government Plan to Launch Satellite in Late 2017
SES   announced today that it plans to launch a dedicated satellite for governmental use in partnership with the Luxembourg Government in late 2017. A L
Tue, 13 Jan 2015 00:35:00 -0800

Important Notice to Shareholders
LONDON--(BUSINESSWIRE)-- DB Platinum Advisors société anonyme Registered office: 2, boulevard Konrad Adenauer, L-1115 Luxembourg R.C.S. Luxembourg B-85.829 (the “ Management Company ”) To the Shareholders ...
Tue, 27 Jan 2015 01:00:00 -0800

No direct link found between rising inequality and reduced trust
( University of Luxembourg ) Does rising economic inequality causes trust to fall in society and thus endanger social cohesion? Recent academic research appears to support this notion. However, a study from the University of Luxembourg disagrees.
Wed, 28 Jan 2015 07:45:16 -0800

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