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Luxembourg tax deals with global firms under fire after leaks

Revelation comes at an awkward time for former premier Jean-Claude Juncker, the new head of EU's executive arm

Published Thu, Nov 6, 2014 · 09:50 PM
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Luxembourg

LUXEMBOURG came under fire on Thursday after leaked documents revealed its huge tax avoidance deals with hundreds of top global firms, putting its former premier Jean-Claude Juncker under the spotlight in his first week as European Union (EU) commission chief.

Household names such as Pepsi, Ikea and Deutsche Bank were among companies named by the US-based International Consortium of Investigative Journalists (ICIJ) following a six-month investigation of 28,000 leaked documents.

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