It's bad enough the EU's new chief is a bullying, boozy federalist zealot: Now the man who wants to run its affairs is in the dock over massive tax avoidance in his own country...

What a typical, hypocritcal, stinking Euro-shambles.

Leaked documents indicate that Luxembourg has been offering secretive deals to mega-corporations which allow them to pay almost no tax.

Some 28,000 pages have come to light and what they show is ugly.

Luxembourg, for all its notional commitment to international norms on tax disclosure and transparency, appears to have allowed multi-nationals to strike special deals clandestinely.

Over the years, Luxembourg, as a tax haven, has offered global giants such as Vodafone and GlaxoSmith-Kline the opportunity to escape tax by channelling their billions through the Grand Duchy’s companies.

Not surprisingly, the French, Dutch and German governments are furious.

As they see it, Luxembourg has been luring investment away from their jurisdictions by doing things in private which it was not prepared to admit in public. Full story...

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