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Inside the Secret World of Tax Havens: The Multi-Million Businesses in Luxembourg | Documentary



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In association with BBC Panorama, we investigate the world of tax havens and show how some of the world’s most famous companies are using a tax haven at the heart of Europe to save millions in tax. Secret documents reveal how companies like GlaxoSmithKline have been getting big tax breaks on billion-pound transactions in the tiny country of Luxembourg. By opening offices there, diverting profits overseas and then having their Luxembourg office lend offices in other countries money, they can avoid multi-million euro tax bills in their country of origin. In these austere times, is big business paying its fair share?

This documentary was first released in 2012.

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