Gramegna Calls LuxLeaks ‘Game Changer’ for Tax-Deal Probe

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The disclosure of thousands of pages of confidential documents on Luxembourg tax deals was a “game changer” that led European Union regulators to expand their probe of such accords to all 28 nations in the bloc, Luxembourg Finance Minister Pierre Gramegna said.

The EU’s expanded investigation “is not a surprise after LuxLeaks,” Gramegna said in an interview on Dec. 19, a day after his government announced it would give up its fight against handing over a full list of so-called tax rulings approved over three years. “It doesn’t make any sense anymore to continue, we would be sealing ourselves out.”