BBC World Business Report
Nicolas Mackel explains how Luxembourg came to be a global centre for business and finance. "It's a founder member of the European Union, nestled discreetly between Belgium, France and Germany. But the Grand Duchy of Luxembourg has been attracting some rather unwelcome global publicity of late. Put bluntly: is Luxembourg helping multinational business escape its fair share of tax?" That is the question raised by a BBC World Business Report.
Nicolas Mackel, CEO of Luxembourg for Finance, answers hard-hitting questions from the BBC and dispels the myth that Luxembourg has built its reputation on providing tax breaks and explains why Luxembourg is an attractive place to be for international business.
Listen to the interview here - WBR 28 October 2014: