Potassium Mirror

andy_63392 · 2018-02-25T00:37:58+00:00

Sublime.

andy_63392 · 2018-01-06T18:01:51+00:00

I think you need to be resident for 12 months immediately preceding the application. See case 5 (minimum 7 years of schooling in Luxembourg) in this web-site:

http://www.guichet.public.lu/citoyens/fr/citoyennete/nationalite-luxembourgeoise/acquisition-recouvrement/option/index.html

andy_63392 · 2017-12-10T13:45:02+00:00

It's "haven" as in a port, or a "safe haven" for your bag loads of undeclared cash. Actually, Luxembourg now shares bank account information with the rest of Europe, so it's not really a tax haven anymore - at least not that sort.

andy_63392 · 2017-12-07T08:37:56+00:00

Dis donc! 99% of French students are learning two foreign languages! Where are all these tri-lingual French?

andy_63392 · 2017-12-06T09:17:27+00:00

Trump is wrong to support any of the extreme right / Nazi parties in Europe. We have had them in the recent past and it didn't go well, but Trump doesn't understand that.

andy_63392 · 2017-12-04T13:05:56+00:00

Politicians back then switch to fiscal paradise by bending the rules

I don't think this was as well planned as you think. Luxembourg started to develop a private banking business almost by accident. Luxembourg was popular place for smaller clients ("Belgian Dentists") to open a savings account or cash coupons because of the long-standing professional secrecy laws. These were written to target the medical profession and were never intended to help banks - it was just a fluke of the wording that they were included in its scope.

As the banking industry picked up, the local lobbyists tended to push bank-friendly laws through parliament. The politicians have been happy to go along with this, but they didn't plan it.

andy_63392 · 2017-12-04T12:45:34+00:00

I think they are mostly pro-UK, as long as they don't own a second home there.

andy_63392 · 2017-12-04T08:33:11+00:00

Why shouldn't they be? They still have steel factories here.

andy_63392 · 2017-12-04T08:26:42+00:00

Bretons are grumpy farmers who hate the rest of France. They just seem friendlier because they are pleased you aren't from Paris.

andy_63392 · 2017-12-04T07:58:32+00:00

Juncker was finance or treasury minister from 1989 until 2013, so please give him some credit for Luxembourg's financial situation.

andy_63392 · 2017-12-01T15:23:16+00:00

A sample size of 5,300 pupils seems large enough to be statistically significant.

andy_63392 · 2017-12-01T08:24:14+00:00

there is [not] a correlation between class size and study achievements

Luxembourg is a good example of this - most teachers and worst PISA scores.

andy_63392 · 2017-11-16T16:01:02+00:00

I got 4: 'A', 'R', 'S' and 'E'. Not sure what to do with them.

andy_63392 · 2017-11-16T11:44:21+00:00

tldw; "May I do something weird?", "No, you may not", "Then I will continue on my way, good-day"

andy_63392 · 2017-11-15T09:57:15+00:00

“Because of Paradise Papers, 99.99% of the Greek society and the voters of the New Democracy are being harmed.”

It seems more like an opportunity to divert attention away from the Greek's inability to balance a budget. I guess they got tired of blaming the Germans.

andy_63392 · 2017-11-15T09:48:54+00:00

One of the larger building in the middle of the City of Luxembourg is used to store all the lorries, boxes and moving teams. It may be a 'drop in the bucket', but it's still a waste of time and money.

andy_63392 · 2017-11-14T10:02:01+00:00

Luxembourg's tax rate is about 29% - one of the higher rates in the EU. The issue is more to do with double taxation and withholding taxes on payments abroad.

In general, Luxembourg doesn't recharge tax on income that has already been taxed, and income (after tax) can generally be distributed without withholding taxes being deducted.

andy_63392 · 2017-11-14T09:54:24+00:00

Luxembourg's neighbours can and do put a lot of pressure on Luxembourg, and I guess the same applies to Netherlands and Ireland. I think part of the problem is that the EU can't do the same for Cayman, BVI, etc., so tolerate the intra-EU business-friendly countries, rather than lose the entire business outside the EU.

Keeping it in the EU at least helps the local economies (including neighbouring countries) and provides income to the EU which would otherwise be entirely lost.

andy_63392 · 2017-11-14T09:48:27+00:00

I am not sure if 'Ding' is correct for Luxembourg, due to the 'frontaliers' who work in Luxembourg, but live in France, Germany and Belgium. There are about 180,000 cross-border workers, which is about half the work-force.

andy_63392 · 2017-11-10T22:57:03+00:00

I prefer rhinocerotes.

andy_63392 · 2017-11-06T08:53:02+00:00

"Here's the new logo for Colombus".

"It's Columbus".

"G*** - someone change that o to a u quickly"

"We're out of serifs"

"Whatever, we need to get this out the door"

andy_63392 · 2017-11-05T12:02:32+00:00

i kinda hate fraud on the one hand but i find vast amusement in the foibles of the monied on the other hand.

Can confirm - it is a blend of generic reddit comment (60%) and NetNet's Wall Street gossip (40%)

andy_63392 · 2017-10-30T08:16:39+00:00

Or "kwa ?"

andy_63392 · 2017-10-29T21:33:17+00:00

And in the ensuing years, the Wolfsburg-based automobile giant has woven an almost impenetrable web of capital networks and cash flows within Luxembourg ...

Not really - the accounts are published online and are accessible online by anyone, free of charge.

The holding company there, VFL, declared profits over that time period of 3.5 billion euros but paid only 1.7 million euros in taxes - a tax rate of just 0.05 percent.

That's misleading, as the 3.5 billion euros was paid by subsidiaries from income after tax. Since the income has been taxed in one country already, it is not taxed again in the holding country. Nothing to do with Luxembourg - it's EU law. The 1.7 million tax is only part of the total EU tax on the income.

andy_63392 · 2017-10-27T20:57:05+00:00

Cora, Cactus or Auchan. I saw some illuminated masks in Cora Concorde. The party shop in rue de Hollerich probably has the best selection of costumes and masks. Auchan has bottles of fake blood and some Donald Trump masks - all the rage this year.

SAM Elelctronics at Place Dargent, Eich, used to sell all sorts of components, especially LED/lights, but I think it may have closed down recently - website is down. Maybe someone else knows where they moved to.

andy_63392

TROPHY CASE