Nick Shaxson ■ Luxembourg – how’s that tax cleanup going?
[vc_row][vc_column width=”1/1″][vc_column_text]An interesting and important tweet.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_raw_js]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[/vc_raw_js][vc_column_text](The source appears to be this.)
Now the truth is – as we’ll be demonstrating in our imminent Financial Secrecy Index 2015 to be launched worldwide on Monday – that Luxembourg has in fact made *some* improvements recently to its secrecy offering, in the sense that it’s become a bit less secretive and less aggressive in terms of undermining European schemes to boost transparency.
But there is still a long way to go. For a blistering account of Luxembourg’s recent role in financial globalisation, take a look at FT Alphaville’s recent The Case Against Luxembourg.
Here is a taster.
and we can’t ignore this one either: not least for the headline.
There are plenty more where these came from.[/vc_column_text][/vc_column][/vc_row]
The author
Related articles
Let’s make Elon Musk the world’s richest man this Christmas!
Admin Data for Tax Justice: A New Global Initiative Advancing the Use of Administrative Data for Tax Research
2025: The year tax justice became part of the world’s problem-solving infrastructure
Bled dry: The gendered impact of tax abuse, illicit financial flows and debt in Africa
Bled Dry: How tax abuse, illicit financial flows and debt affect women and girls in Africa
9 December 2025
Indicator deep dive: ‘patent box regimes’
Two negotiations, one crisis: COP30 and the UN tax convention must finally speak to each other
‘Illicit financial flows as a definition is the elephant in the room’ — India at the UN tax negotiations
Taxation as Climate Reparations: Who Should Pay for the Crisis?
