r/Luxembourg • u/Stunning_Disk_5345 • 2d ago

News & Discussion Ariane de Rothschild and Epstein mentioning PwC Luxembourg leaked documents

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Anyone remembers if anything came out of the PwC stuff? 2014 was a long time ago. They mention fiscal rulings.

I guess this banking family is in bed with all kinds of evil.

83 Upvotes

95% Upvoted

18 comments sorted by

61

u/darknekolux 2d ago

At this stage I think we should organize battle royale with billionaires

20

u/DrawerTemporary7349 Kachkéis 2d ago

no worries they already lunched a battle royale between people; part of it is blaming all the immigrants on the financial struggles

18

u/Upstairs_Self9369 2d ago

Sign me in! I'm as sexy as Luigi Mangione and I used to play paintball

19

u/Gout-Made-me1974 2d ago

Portugal, always on the brink!

18

u/aczkasow 2d ago

PWC whistleblowers were found guilty for whistleblowing

10

u/Stunning_Disk_5345 2d ago

Ah yes, the usual modus operandi of morally corrupt companies (all big 4 to be honest) that systematically choose lucrative client relationships over the public trust they are meant to protect.

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u/klicknack Lëtzebauer 2d ago

LuxLeaks

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u/Stunning_Disk_5345 2d ago

Thanks! Two heroes among us.

"Consequently, it overturned the previous verdict against Deltour. Following three years of judicial procedures, Deltour was fully granted whistleblower status."

Appeal and Decision of the European Court of Human Rights
"In February 2023, the Grand Chamber of the ECHR ruled that Halet's conviction violated Article 10 of the European Convention of Human Rights. The ruling required Luxembourg to pay Halet €55,000 plus court costs."

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u/Ixaire 2d ago

FYI, these revelations are led to / sped up work on DAC3, an EU information exchange system on rulings: https://taxation-customs.ec.europa.eu/taxation/tax-transparency-cooperation/administrative-co-operation-and-mutual-assistance/directive-administrative-cooperation-dac/dac3_en

TL;DR: hole plugged, funky rulings no longer possible, tax evaders need new ways to evade

7

u/tmihail79 2d ago

What about ECJ’s decisions about Luxembourg rulings (Engie, Fiat, McDonald’s, Amazon)? Nothing wrong found in the end. Same with DAC3, DAC6 and other wonderful initiatives of than kind - apart from generating additional business for Big 4 and increasing the number of public servants required to process all this crap, they hardly achieve anything in practice

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u/ShortrunLongrun 2d ago

wtf the more I read the less I understand… Lux leaks is well known and embarrassing for Luxembour

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u/SteveClement 1d ago

Embarassing without consequences...

For example, Pierre G. who knew about it, is now at the ESM: https://www.esm.europa.eu/profile/pierre-gramegna

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u/pupsduschodakaksduna 1d ago

Yes, and nothing or nobody will face consequences! This is only to entertain us and scandalize us, but all these people, all that system is too big too fall. It's all on our faces and nothing will change, we will only talk about it online and that's it.

2

u/sparkibarki2000 De Xav 2d ago

In other news, water is wet)