Sunday, May 24, 2015

What Is LuxLeaks and Why Are Journalists Being Charged?

By Lizabeth Paulat, Care2 | Report

Raise your hand if you’ve ever heard of LuxLeaks. Anyone? LuxLeaks, also known as the Luxembourg Leaks, is one of the most interesting cases of international tax evasion of our time, and yet very few news outlets are talking about it.

Here are the basics: hundreds of companies were caught using tax avoidance schemes in the country of Luxembourg. It was exposed by a group called the International Consortium of Investigative Journalists (ICIJ) and now those who exposed this massive tax issue are under threat.

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