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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLuxembourg minister sets out free public transport details
Metro Report:LUXEMBOURG: Transport Minister François Bausch announced details on January 21 of plans to offer free nationwide public transport.
Free public transport is to be offered to all passengers, whether or not they are resident in Luxembourg, from March 1 2020 on all modes financed by the state and operating within the countrys boundaries. Funding would come from tax revenue, with no new taxes being introduced specifically for this purpose.
Transport provided by local authorities would not be automatically included in the scheme, with the decision on whether to participate left to the individual authority. The Mayor of Luxembourg City Lydie Polfer has already confirmed that the capital will participate.
A transition phase would provide time to develop new regulations and prepare for the smooth introduction of the proposition. One measure will be changes to the role of onboard staff.
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Luxembourg minister sets out free public transport details (Original Post)
brooklynite
Jan 2019
OP
Partially paid for by Koch Bros, Disney, and dozens of other large US companies and billionaires.
TheBlackAdder
Jan 2019
#3
DFW
(54,506 posts)1. "operating within the country's boundaries" being the key phrase here
The boundaries of the country of Luxembourg contain less than 1000 square miles--less even than Rhode Island.
Countries like Germany, France or Spain couldn't afford to do that.
JCMach1
(27,590 posts)2. Luxembourg, one of my favorite countries
TheBlackAdder
(28,255 posts)3. Partially paid for by Koch Bros, Disney, and dozens of other large US companies and billionaires.
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Latest Lux Leaks files obtained by ICIJ disclose secret tax structures sought by Big 4 accounting giants for brand name international companies
A new leak of confidential documents expands the list of big companies seeking secret tax deals in Luxembourg, exposing tax-saving maneuvers by American entertainment icon The Walt Disney Co., politically controversial Koch Industries Inc. and 33 other companies.
Disney and Koch Industries, a U.S.-based energy and chemical conglomerate, both created tangles of interlocking corporations in Luxembourg that may have helped them slash the taxes they pay in the U.S. and Europe, according to the documents obtained by the International Consortium of Investigative Journalists.
Widespread corporate use of tax maneuvers akin to these, in tax shelters the world over, are estimated to cost the U.S. treasury billions annually. They increase profits and benefit shareholders at the expense of the companies home countries and other places where they do significant business.
ICIJ obtained the Disney and Koch tax documents as part of a trove of information that details big companies complex financial maneuvers through subsidiaries in Luxembourg. ICIJ received these documents last month, soon after publishing an earlier set of leaked documents detailing the Luxembourg tax deals negotiated by FedEx, Pepsi, IKEA and 340 other globe-spanning companies.
Other companies appearing in the newest leaked files include Hong Kong-based conglomerate Hutchison Whampoa, private equity firm Warburg Pincus, and Internet phone giant Skype. One of the Skype files relates to a restructuring in which Internet mega-marketer eBay sold a controlling stake in Skype to private investors. Skype, based in Luxembourg, is now a division of Microsoft.
https://www.icij.org/investigations/luxembourg-leaks/new-leak-reveals-luxembourg-tax-deals-disney-koch-brothers-empire/
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