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

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 produced by Premiere Lignes and directed by Edouard Perrin. It was first released in 2012. --- SUBSCRIBE for more amazing stories, including free FULL documentaries. At Java Films we have an incredible library of award-winning documentaries: from world-leading investigations to true crime and history, we have something for everyone! Click the SUBSCRIBE button and make sure to set NOTIFICATIONS to stay updated with all new content! Sign up to the Java Films Clubs for exclusive deals and discounts for amazing documentaries - find out first about FREE FULL docs: http://eepurl.com/hhNC69 Head to https://www.watchjavafilms.tv/ to check out our catalogue of documentaries available on Demand. You can also find our docs on : Amazon Prime Video: https://www.amazon.com/v/javafilms Vimeo On Demand: https://vimeo.com/javafilms/vod_pages Like us on Facebook:   / javafilms   Follow us on Twitter:   / java_films   Follow us on Instagram:   / javafilms.tv