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Taxes are minimized or deferred because life insurance policies are classified as non-income producing assets. Helvetia has no “concrete plans” to sell policies to wealthy clients, said Loacker. Swiss insurers, which sell wrappers through units in... Full Article at Bloomberg.com
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MasterCard settled in 2009 as an interim measure * Ruling expected to speed up Commission decision on Visa Europe (Adds background, EuroCommerce reaction) LUXEMBOURG, May 24 (Reuters) - Europe's second-highest court on Thursday threw out MasterCard's... Full Article at Reuters.co.uk
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Luxembourg Prime Minister Jean-Claude Juncker arrives for a meeting of European Union leaders in Brussels on May 23, 2012. Europe's leaders are expected to shift their focus from austerity to growth at a summit Wednesday amid accelerating worries over... View Photo »
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From the limited returns he has released, we already know that Mitt Romney has made millions by investing in tax havens in Luxembourg, Bermuda and the Cayman Islands ... We also know that Mitt Romney pays a lower tax rate than most Pennsylvanians.
SOURCE: Pittsburgh Post-Gazette -
The EU’s trademark office and an EU appeals court “failed to acknowledge, in relation to trademarks, the distinctive character of the ‘F1’ sign” and shouldn’t challenge the validity of trademarks awarded by the EU’s member states, the Luxembourg-based... Full Article at Bloomberg.com
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May 24 (Reuters) - Swiss chocolate maker Lindt & Spruengli's chocolate rabbits are devoid of any distinctive character and cannot be registered as a trade mark in the European Union, the union's top court said on Thursday. The Luxembourg-based European... Full Article at Reuters
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Commission said in its December 2007 decision that MasterCard's cross-border multilateral interchange fee (MIF) levied on retailers' credit and debit card transactions breached EU antitrust rules and had to be changed. The world's second-largest credit... Full Article at International Business Times
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(1st raw L-R) Irish Prime Minister Enda Kenny, Italian Prime Minister Mario Monti, Luxembourg Prime Minister Jean-Claude Juncker and Slovak Prime Minister Roberto Fico (2nd raw L-R) Estonian Prime Minister Andrus Ansip and British Prime Minister David... View Photo »
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The fact that we are headquartered here [in Luxembourg], combined with our competitive industrial presence, clearly shows the importance this country has and will continue to have for ArcelorMittal
SOURCE: FOX Business -
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The case tests whether such levies are unfair to retailers and customers. “The methods of setting the multilateral interchange fee tended to overestimate the costs borne by the financial institutions on issuing payment cards,” the Luxembourg-based... Full Article at Bloomberg.com
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Some leaders stressed the importance of planning for just such an event but offered no measures that might help Greece avoid it. The euro countries "have to consider all kinds of events", Luxembourg Prime Minister Jean-Claude Juncker told reporters... Full Article at The Telegraph
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Wikipedia
The Grand Duchy of Luxembourg (Luxembourgish: Groussherzogtum Lëtzebuerg, French: Grand-Duché de Luxembourg, German: Großherzogtum Luxemburg) is a small landlocked country in western Europe, bordered by Belgium, France, and Germany. Luxembourg has a population of under half a million people in an area of about 2,600 square kilometres (997 sq mi). Full Article At Wikipedia.org
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