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Europe Daily Bulletin No. 11557

25 May 2016
ECONOMY - FINANCE / (ae) taxation
Fearing that Luxembourg is not exchanging information on its tax rulings, Commission opts to get tough

Brussels, 24/05/2016 (Agence Europe) - On Tuesday 24 May, following reports in the Belgian press alleging that Luxembourg is now making tax rulings verbally to get round the new rules on the automatic exchange of information on tax rulings, the European Commission decided to get unusually tough. A Luxembourg government spokesperson stressed that there is no foundation for these reports.

The Commission's reaction is somewhat at odds with its usual practice of not commenting on press leaks....

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