Luxembourg is one of six countries that are most competitive in terms of taxes among the world’s 38 most developed economies, according to the latest International Tax Competitiveness Index.
While this might seem to lend ammunition to those who criticise Luxembourg as a tax haven, the picture painted in the report is somewhat nuanced. For example, it also ranks fellow cross-border business hub Ireland as 35th out of the 38 OECD member states.
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