Economics Explained Tags:luxembourg 7 comments Why did they air brush the prime minister so much 😀 Is this drone footage from lockdown? There’s no traffic or people!🙈 Surprisingly good summary. Luxembourg is not a [tax haven](https://www.investopedia.com/ask/answers/100115/why-luxembourg-considered-tax-haven.asp) you say? Not worth watching this video imo, guy’s clearly just not very well informed. Edit : More sources for the one that tried answering that it no longer is or for the downvoters : – [Le Monde’s OpenLux investigation and how the Grand Duchy continues to be a tax haven despite Luxembourgish authorities claiming they no longer are since the Lux Leaks came out](https://www.lemonde.fr/les-decodeurs/article/2021/02/08/openlux-the-secrets-of-luxembourg-a-tax-haven-at-the-heart-of-europe_6069140_4355770.html) – [The EU Tax Observatory describing Luxembourg as a tax haven](https://delano.lu/article/luxembourg-is-a-tax-haven-says) – [Article describing Luxembourg, but also Switzerland, Ireland & The Netherlands as tax havens](https://www.politico.eu/article/oxfam-luxembourg-ireland-netherlands-among-worst-tax-havens/) – [Amazon avoided taxes on a record €44bn yearly revenue thanks to Luxembourg ](https://www.theguardian.com/technology/2021/may/12/amazon-wins-appeal-over-250m-eu-tax-bill) The list goes on. As the first source I listed mentioned, Luxembourg has been a well known tax haven since the 1960s. The country makes most of its money in banking, not steel, since at least the 70/80s. Get your head out of the sand. Is that Russel Peters? ​ https://preview.redd.it/8mdjv36kh5ma1.png?width=300&format=png&auto=webp&v=enabled&s=820dd00e9007e7473f092490d5ba6bfb648fa936 This guy ends all his words in such a weird manneeeerrrr. Luxem-borg. A latest in tax dodging robot technology Leave a ReplyYou must be logged in to post a comment.
Luxembourg is not a [tax haven](https://www.investopedia.com/ask/answers/100115/why-luxembourg-considered-tax-haven.asp) you say? Not worth watching this video imo, guy’s clearly just not very well informed. Edit : More sources for the one that tried answering that it no longer is or for the downvoters : – [Le Monde’s OpenLux investigation and how the Grand Duchy continues to be a tax haven despite Luxembourgish authorities claiming they no longer are since the Lux Leaks came out](https://www.lemonde.fr/les-decodeurs/article/2021/02/08/openlux-the-secrets-of-luxembourg-a-tax-haven-at-the-heart-of-europe_6069140_4355770.html) – [The EU Tax Observatory describing Luxembourg as a tax haven](https://delano.lu/article/luxembourg-is-a-tax-haven-says) – [Article describing Luxembourg, but also Switzerland, Ireland & The Netherlands as tax havens](https://www.politico.eu/article/oxfam-luxembourg-ireland-netherlands-among-worst-tax-havens/) – [Amazon avoided taxes on a record €44bn yearly revenue thanks to Luxembourg ](https://www.theguardian.com/technology/2021/may/12/amazon-wins-appeal-over-250m-eu-tax-bill) The list goes on. As the first source I listed mentioned, Luxembourg has been a well known tax haven since the 1960s. The country makes most of its money in banking, not steel, since at least the 70/80s. Get your head out of the sand.
Is that Russel Peters? ​ https://preview.redd.it/8mdjv36kh5ma1.png?width=300&format=png&auto=webp&v=enabled&s=820dd00e9007e7473f092490d5ba6bfb648fa936
7 comments
Why did they air brush the prime minister so much 😀
Is this drone footage from lockdown? There’s no traffic or people!🙈
Surprisingly good summary.
Luxembourg is not a [tax haven](https://www.investopedia.com/ask/answers/100115/why-luxembourg-considered-tax-haven.asp) you say?
Not worth watching this video imo, guy’s clearly just not very well informed.
Edit : More sources for the one that tried answering that it no longer is or for the downvoters :
– [Le Monde’s OpenLux investigation and how the Grand Duchy continues to be a tax haven despite Luxembourgish authorities claiming they no longer are since the Lux Leaks came out](https://www.lemonde.fr/les-decodeurs/article/2021/02/08/openlux-the-secrets-of-luxembourg-a-tax-haven-at-the-heart-of-europe_6069140_4355770.html)
– [The EU Tax Observatory describing Luxembourg as a tax haven](https://delano.lu/article/luxembourg-is-a-tax-haven-says)
– [Article describing Luxembourg, but also Switzerland, Ireland & The Netherlands as tax havens](https://www.politico.eu/article/oxfam-luxembourg-ireland-netherlands-among-worst-tax-havens/)
– [Amazon avoided taxes on a record €44bn yearly revenue thanks to Luxembourg ](https://www.theguardian.com/technology/2021/may/12/amazon-wins-appeal-over-250m-eu-tax-bill)
The list goes on. As the first source I listed mentioned, Luxembourg has been a well known tax haven since the 1960s. The country makes most of its money in banking, not steel, since at least the 70/80s. Get your head out of the sand.
Is that Russel Peters?
​
https://preview.redd.it/8mdjv36kh5ma1.png?width=300&format=png&auto=webp&v=enabled&s=820dd00e9007e7473f092490d5ba6bfb648fa936
This guy ends all his words in such a weird manneeeerrrr.
Luxem-borg. A latest in tax dodging robot technology