Luxembourg: a haven for tax evaders? (part 1)
Issued on: Modified:
A prosperous nation of 500,000 people, Luxembourg has become Europe's biggest investment management centre. But despite the country's efforts to improve banking transparency, our reporters investigate how an increasing number of multinationals are using Luxembourg as a base to avoid paying higher taxes at home. Meanwhile, MEP Frank Engel takes us to the picturesque village of Schengen that has come to symbolise free movement in Europe.