Luxembourg Leaks - Global Companies' Secrets Exposed

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Capping a six-month investigation, the International Consortium of Investigative Journalists (ICIJ) and its media partners are publishing a secret cache of leaked tax documents that show how multinational corporations throughout the globe routed profits through tiny and wealthy Luxembourg to reduce their taxes. Pepsi, IKEA, FedEx and 340 other international companies have secured secret deals from the landlocked European duchy, that has been called a “magical fairyland” for brand-name corporations seeking to drastically reduce tax bills.

Read the report in the ICIJ website.

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