Luxembourg is a tiny country tucked between France, Belgium and Germany. Its population is fewer than 600,000 people about the size of Wyoming's. But Luxembourg is no ordinary country. It has become one of Europe's cleverest tax shelters and attracts big corporations from around the world. For this Today's, we dive into how it became a tax haven thanks to quickthinking civil servants in the 1960s and '70s who bet big on attracting financial investment from abroad.
#Economics #Finance #TaxHaven