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Image header Agence Europe
Europe Daily Bulletin No. 11317
Contents Publication in full By article 11 / 25
ECONOMY - FINANCE - BUSINESS / (ae) taxation

Luxembourg stopped exchanging its rulings due to lack of reciprocity

Brussels, 19/05/2015 (Agence Europe) - On Monday 18 May, the Luxembourg finance minister, Pierre Gramegna, told the special TAXE committee of the European Parliament that Luxembourg had applied “the 1977 directive providing for the automatic exchange (of information on tax rulings between states of the EU) on a limited basis”.

We practised it, but we never got anything back in return, because we never received a single ruling automatically, which is why our position changed”,...

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