Interviews/Commentary Luxembourg Says Tax Rulings Are Not Secret, Never Have Been

Tax rulings “issued by the Luxembourg tax authorities are not, and have never been, secret,” the nation’s finance ministry said in an e-mailed statement.

“In fact, Luxembourg, spontaneously and upon request, exchanges information on rulings with other countries, as foreseen by non-double taxation treaties as well as by directives and agreements concerning administrative cooperation and mutual assistance in tax matters,” the finance ministry said.

Prime Minister Xavier Bettel said last week that the government is on alert for a new wave of tax revelations that is expected to hit the country this week. Renewed questions were directed at Finance Minister Pierre Gramegna last week from a group of investigative reporters, indicating more documents relating to tax deals may be revealed, Bettel told journalists in Luxembourg Dec. 5.