Equally Luxemburg is another EU location abused by corporations for TAX reasons. Ironically it was set up By a Mr Junker ages ago, who then went on to run the EU and has made much rhetoric about TAX avoidance and yet managed to do nothing to fix, in-part a situation he created. Which given his knowledge and experience in the matter, you would of thought he was ideally placed to fix now. He has not alas.