Luxembourg news and archive

Hummel to manage BeNeLux market directly again

After a 30-year partnership with Dutch licensee Deventrade, Hummel is taking back direct responsibility for Belgium, the Netherlands and Luxembourg (BeNeLux). The Danish sportswear brand of German origin has established the subsidiary Hummel BeNeLux to manage all business activities in the region from January 1, 2026, Hummel announced on...

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Amazon begins paying corporate tax in the UK

Online giant Amazon has begun to pay corporate tax on British sales in the UK instead of Luxembourg, following chancellor George Osborne’s new diverted profits tax coming into effect last month. Also known as the ‘Google tax,’ the new tax was announced by the government last autumn and is aimed at multinational companies like Amazon who “...

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Vivienne Westwood accused of hypocrisy for tax avoidance

Dame Vivienne Westwood is used to stirring up controversy with her designs and political viewpoints. However now the designer stands accused of being a hypocrite and a tax avoider, after the recent publication of company accounts found that Dame Westwood's main UK business arm is paying 2 million pounds a year to an offshore company in...