Ten Years On, ‘Lux Leaks' Remains A Byword For Corporate Tax Chicanery

14th November 2024

In November 2014, ICIJ and dozens of media partners published a groundbreaking expose of corporate tax avoidance in the heart of Europe. A decade later, the impacts are still being felt.

n the fall of 2014, ICIJ published a series of stories exposing the secret deals used by hundreds of multinationals including some of the world's largest companies to reduce their tax bills to virtually nothing. Described in more than 28,000 pages of leaked documents, the agreements between corporate giants like Pepsi, Ikea, Amazon and Disney and the Grand Duchy of Luxembourg showed how the tiny European country had become one of the world's premier destinations for tax avoidance.

The Luxembourg Leaks investigation — that quickly became known simply as "Lux Leaks" — cast a bright light on the shadowy world of corporate taxation, helping transform it from a niche topic discussed in little-read policy papers into a hot-button political issue.

The International Consortium of Investigative Journalists digs into dodgy dealings worldwide with well researched information.

To read the full story go HERE