LUXEMBOURG AND GERMANY SIGN TIEA
Luxembourg and Germany have agreed on a Tax Information Exchange Agreement which will allow future data exchange over tax matters between the two countries. The treaty allows Luxembourg to further shed its “tax haven” image by incorporating the “internationally agreed” OECD standard in a treaty with its larger nieghbour, source of a large portion of Luxembourg’s wealth management business.
http://www.reuters.com/article/swissMktRpt/idUSL559134720091105
