By Jean-Jacques Rommes, CEO, ABBL
“Just because you’re paranoid doesn’t mean they aren’t after you.” Joseph Heller, Catch-22
Luxembourg was recently in the international spotlight as a result of a confluence of reports, publications and initiatives. Over the course of a few weeks, we ranked highly in the Tax Justice Network’s most recent pseudo scientific financial secrecy index, a young upstart academic by the name of Gabriel Zucman threatened to exclude us from the European Union (sic), the Ecofin decided it would be a good idea to put the extension of the European Savings Directive on its agenda even though discussions with non-EU countries have not even begun yet, the EU Commission announced an investigation into our...
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