Luxembourg Newswire

Comprehensive Real-Time News Feed for Luxembourg.

Results 1 - 20 of 402 in Luxembourg

  1. Greek cabinet eagerly awaited, in Athens and BrusselsRead the original story w/Photo

    Yesterday | Deutsche Welle

    ... need for action" on Greece's debt, saying that a write-down or so-called haircut "is not on the radar." Veteran Luxembourg economist Juncker, for years the head of the group of eurozone finance ministers, would stand in stark contrast to Greece's ...

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  2. Millions Across Europe Mark International Holocaust Memorial DayRead the original story w/Photo

    15 hrs ago | 24-7 Press Release

    ... of human rights for all minorities, millions of peace-loving Europeans in Paris, London, Brussels, Geneva, Luxembourg, and metropolises, towns and villages across the continent joined forces to illuminate the darkness of night by leaving a light on ...

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  3. DGAP-PVR: Stabilus S.A.: Release according to Article 26, Section 1...Read the original story

    Yesterday | GlobeNewswire

    ... Language: English Company: Stabilus S.A. 2, rue Albert Borschette L-1246 Luxemburg Grand Duchy of Luxembourg Internet: www.stabilus.com End of Announcement DGAP News-Service

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  4. Paris Massacre march redux; Obama skips 70th anniversary of Auschwitz liberationRead the original story w/Photo

    Friday Jan 23 | Examiner.com

    ... of the Netherlands and Crown Prince Frederik of Denmark. In the meantime, Israel, Croatia, the Grand Duchy of Luxembourg, Malta, Slovenia, and Poland have already announced they are sending top-level delegates. With the number of survivors of ...

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  5. Thousands of Britons on benefits across EURead the original story w/Photo

    Tuesday Jan 20 | EurActiv.com

    ... before putting the issue to a referendum in 2017, if he is still in power. In Finland, Sweden, Denmark, Belgium, Luxembourg, Germany, Austria, France and Ireland the number of Britons banking unemployment cheques is almost three times as high as the ...

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  6. Greece: A game of chickenRead the original story w/Photo

    Monday Jan 19 | Reuters

    ... settle down at around 1.10 per euro, which she thought the export-orientated country should be able to live with. Luxembourg Finance Minister Pierre Gramegna has just told us in Hong Kong that he thinks the ECB did indeed act in anticipation of the ...

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  7. Tax Hater Amazon's Luxembourg Tax Deal Attacked As IllegalRead the original story w/Photo

    Saturday Jan 17 | Forbes.com

    ... aimed for bigger tax deals, as the scuffle with EU regulators reveals. But more criticism is being leveled at Luxembourg than at Amazon. Taxpayers will be taxpayers, after all. Luxembourg is charged with giving illegal tax breaks to Amazon. European ...

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  8. Amazon tax deal with Luxembourg 'illegal'Read the original story w/Photo

    Saturday Jan 17 | Scotsman.com

    A TAX deal between Amazon and Luxembourg may be illegal and constitute "state aid", the European Union's executive has ruled. An investigation into Amazon and its EU tax arrangements was launched in October.

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  9. Amazon's Luxembourg tax deal broke European state aid rulesRead the original story w/Photo

    Friday Jan 16 | The Independent

    Amazon could be facing a huge back tax bill after a preliminary finding from the European Commission's competition arm ruled that a controversial deal the web retail giant struck with Luxembourg constitutes illegal "state aid". The finding is also an acute embarrassment for the Commission's new president, Jean Claude Juncker, who was Luxembourg's prime minister when the tax agreement with Amazon was signed.

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  10. Amazon Likely to Skirt Penalties for Luxembourg Tax DealRead the original story w/Photo

    Friday Jan 16 | CFO

    The bottom line? Amazon will not likely have to pay penalties, only back taxes, a Forbes article noted on Amazon's subsidiary Amazon EU SA rl, which is based in Luxembourg and records most of Amazon's European profits, pays a tax-deductible royalty to a limited liability partnership established in Luxembourg but is not subject to corporate taxation in Luxembourg, according to the commission's press release when it opened the investigation in October. As such, the subsidiary's taxable profits are underestimated, giving it "an economic advantage to Amazon by allowing the group to pay less tax than other companies whose profits are allocated in line with market terms," the EC release said.

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  11. Tax deal between Amazon and Luxembourg is declared illegalRead the original story w/Photo

    Friday Jan 16 | Daily Mail

    ... paid for aid workers held in Syria Embarrassment for EU chief Juncker as sweetheart tax deal between Amazon and Luxembourg made when he was nation's PM is declared illegal Amazon could be forced to hand over billions in unpaid taxes after the deal ...

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  12. EU commission scrutinises Luxembourg's tax deal with AmazonRead the original story w/Photo

    Friday Jan 16 | EUobserver

    The EU commission on Friday published details of its ongoing anti-trust case into Luxembourg's tax deal with the global retailer Amazon, a deal secured while commission chief Jean-Claude Juncker was Luxembourg PM. The 23-page document details the reasons why the EU commission thinks the tax deal may amount to illegal state aid as well as the complex company structure allowing it to put most profits into a non-taxable entity.

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  13. EC to investigate Luxembourg's tax deal with AmazonRead the original story w/Photo

    Friday Jan 16 | TaxZone

    The letter requires Luxembourg to provide further detailed information on the background to its agreements with Amazon, and warns that that all "unlawful aid may be recovered from the recipient". In recent months the EU has also pursued investigations into transfer pricing arrangements between Fiat Finance and Trade Ltd and other Fiat companies; and into Apple's tax arrangements in Ireland and those of Starbucks in the Netherlands.

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  14. EU Says Part of Amazon's Luxembourg Tax Deal "Cosmetic"Read the original story w/Photo

    Friday Jan 16 | Re/code

    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 struck in 2003 and published details of its case on Friday.

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  15. Luxembourg approved Amazon tax deal in 11 Days, EU saysRead the original story

    Friday Jan 16 | Internet Retailer

    ... furniture and instructional products. EU investigators released today a letter outlining why it is investigating Luxembourg's dealings with the largest e-retailer in Europe. (Bloomberg) -- The European Union stepped up criticism of Luxembourg's ...

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  16. EU says part of Amazon's Luxembourg tax deal 'cosmetic'Read the original story w/Photo

    Friday Jan 16 | Reuters

    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 struck in 2003 and published details of its case on Friday. The investigation, one of a number into large international companies, focuses on whether Luxembourg broke EU state aid rules by allowing Amazon to operate almost tax-free in Europe.

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  17. Let's call it quits, and head for SwitzerlandRead the original story

    Friday Jan 16 | MacLeans

    ... it had a more than $2 billion net loss, and would stop paying a dividend. Amazon had a "sweetheart deal" with Luxembourg. The massive e-retailer had a beneficial tax agreement in Luxembourg , the European Commission confirmed this morning. The ...

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  18. Amazon: Luxembourg's tax ruling practice in relation to online...Read the original story w/Photo

    Friday Jan 16 | The Independent

    The EC opened its investigation in October, making the US company the latest global firm to have its tax practices assessed by the EU Note: We do not store your email address but your IP address will be logged to prevent abuse of this feature. Please read our Legal Terms & Policies The European Commission has said that Luxembourg's tax ruling practice in relation to the Amazon group probably "constitutes State aid".

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  19. Amazon Tax Deal May Break State Aid RulesRead the original story w/Photo

    Friday Jan 16 | Ananova

    Amazon's tax deal with Luxembourg may breach state aid rules, according to the findings of a preliminary investigation by the EU. The inquiry was launched in October amid accusations the arrangement with the online retailer in 2003 allowed it to channel profits through the country in return for low tax rates, thus avoiding higher rates of tax in the EU nations where the profits were achieved - including Britain.

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  20. Volatility back with a bangRead the original story w/Photo

    Friday Jan 16 | Reuters

    ... eed yet for emergency stimulus measures. We may get a slew of credit ratings reviews today with, Germany, Greece, Luxembourg, Ireland and Poland all potentially in the spotlight.

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