Between 2002 and 2010, PwC alone brokered 548 secret tax rulings for over 340 companies — Apple, Ikea, Pepsi, Disney, Deutsche Bank, AIG, Koch Industries, Skype, GlaxoSmithKline, Coach, Abbott Laboratories — routing billions through Luxembourg shell structures at effective rates under 1%, some as low as 0.001%. Deltour was charged in December 2014 with theft, trade secrecy violations and fraudulent computer access, facing up to 5 years in prison and a €1,250,000 fine. The European Commission under Juncker never opened a single formal investigation into a single LuxLeaks tax ruling.
The only reason most of the micro states in the world exist today is to solely be tax havens
Between 2002 and 2010, PwC alone brokered 548 secret tax rulings for over 340 companies — Apple, Ikea, Pepsi, Disney, Deutsche Bank, AIG, Koch Industries, Skype, GlaxoSmithKline, Coach, Abbott Laboratories — routing billions through Luxembourg shell structures at effective rates under 1%, some as low as 0.001%. Deltour was charged in December 2014 with theft, trade secrecy violations and fraudulent computer access, facing up to 5 years in prison and a €1,250,000 fine. The European Commission under Juncker never opened a single formal investigation into a single LuxLeaks tax ruling.
SOURCE: https://x.com/ArturNadol7566/status/2080250266159378670 SOURCE (mirror): https://xcancel.com/ArturNadol7566/status/2080250266159378670