Israeli Company 'Doing Good' Using Luxembourg Outpost
Publisher: International Consortium of Investigative Journalists
Date Written: 07/11/2014
Year Published: 2014
Resource Type: Article
Cx Number: CX16938
The international business and philanthropic group led by Israel's richest woman includes a Luxembourg subsidiary that shares its address with more than 1200 other companies, and uses complex financial structures like internal loans and hybrid tools, according to analysis of secret tax documents by Israeli newspaper Haaretz.