From
Forbes – “Two of the largest multinational banking institutions operating in London threatened to decamp for the more tax-friendly pastures of Luxembourg earlier this month, claiming that Great Britain’s heavy tax levies on banks were making it too costly to continue operating in the region. I
wrote about it at the time, explaining that although most high profile threats to relocate a business for tax reasons do not materialize, there has been a steadily growing chorus of companies pressing tax authorities to lower taxes… or else.”
Read more>>