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Juncker Urges Tougher Money-laundering Law

Juncker Urges Tougher Money-laundering Law

Yes, anti-money laundering laws normally include transparency provisions. Yes, greater transparency requirements for Luxembourg’s tax ruling system may have reduced the tax advantages received by certain Luxembourg companies.

Would stronger anti-money laundering laws prevent advantageous tax rulings for big business? I can’t quite get there. Perhaps this is a bit of spin on an initiative that was already in the pipeline.

Read the original article at www.wort.lu

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