Legal action taken on the “Luxembourg Leaks” violation

The so called Luxembourg Leaks are based on confidential information about tax rulings from 2002 to 2010 which resulted in making available to the public in November 2014 the names of over three hundred multinational companies involved in the tax rulings. The Luxembourg Leaks' disclosures attracted international attention about tax avoidance schemes in Luxembourg and elsewhere.

Legal action taken on the “Luxembourg Leaks” violation

The so called Luxembourg Leaks are based on confidential information about tax rulings from 2002 to 2010 which resulted in making available to the public in November 2014 the names of over three hundred multinational companies involved in the tax rulings. The Luxembourg Leaks' disclosures attracted international attention about tax avoidance schemes in Luxembourg and elsewhere.

The authorities in Luxembourg have announced they are taking legal action against an individual believed to be a former employee at Price Waterhouse Coopers who purportedly stole documents about corporate tax deals with international businesses which formed the basis of the recent investigation.

In a statement, the Luxembourg public prosecutor's office said a magistrate had charged an individual with theft, breach of confidentiality, violation of trade secrets, money laundering and fraudulent access to a data processing system. The move follows a request by PwC in June 2012 for the Luxembourg authorities to investigate claims that documents had been stolen.

The person concerned is believed to have passed 28,000 pages of confidential documents on to the International Consortium of Investigative Journalists (ICIJ) which has so far used the material to form the basis of two reports. Firstly examining around 500 PwC documents, relating to the tax affairs of over 300 companies, with the ICIJ claiming that the firm had promoted schemes to clients using Luxembourg as a base for subsidiaries and financial entities in order to reduce their corporation tax.


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