The Legal 500

Luxembourg > Tax

Editorial sections

Other

All countries

Allen & Overy Luxembourg’s three-partner tax team has an excellent standing in the market and benefits from strong ties with the regulatory authorities and industry groups. Patrick Mischo provides tax structuring advice on corporate and private equity transactions, and is co-chairman of the tax committee of the nascent Luxembourg Private Equity Association. The team also handles litigation and recently successfully represented the Luxembourg Indirect Tax Administration in a €5m capital duty dispute. Jean Schaffner and Jean-Luc Fisch are ‘both good at finding commercial and practical solutions to complex issues’.

As befits a firm that benefits from very strong corporate and finance practices, a substantial amount of Arendt & Medernach’s tax work relates to the structuring of transactions, new money financings and restructurings. The team is also integral to the firm’s investment funds structuring work. Thierry Lesage and Eric Fort both have a prominent reputation in the market.

Bonn Steichen & Partners provides related tax structuring advice pursuant to major corporate and finance transactions. The team is also well versed at representing clients before the national tax authorities. The ‘truly excellent’ Alain Steichen has a superb reputation in the market.

Tax is one of the central tenets of Loyens & Loeff’s ethos and, with over 30 tax professionals within the group, it has the critical mass to handle a tremendous range and volume of mandates. Team head Jean-Pierre Winandy and Simon Paul are well regarded in the market, particularly in relation to cross-border structuring. The team is well known for structured finance, funds, M&A, VAT and tax litigation.

Led by former Ernst & Young partner André Pesch, Baker & McKenzie’s six-strong tax team is a pivotal resource within the nascent Luxembourg offering. Able to tap into the firm’s huge international network, the group advises corporates, financial institutions and asset managers across a broad spectrum of matters including international tax planning, fund structuring, M&A mandates, private banking and wealth management.

Elvinger, Hoss & Prussen’s Dirk Richter is the main tax contact and recently advised on the listing of Russian food retailer O’Key, in what was one of the first London listings of a Russian group’s Luxembourg holding company since the financial crisis. Richter also provides tax structuring expertise regarding the establishment of funds.

Headed by François-Xavier Dujardin, Kremer Associés & Clifford Chance’s tax team provides ‘clear and accurate’ advice to clients engaged in domestic and cross-border capital markets, M&A and funds work. Dujardin recently advised Altarea Cogedin on tax aspects of the establishment of a €600m real estate investment fund.

Linklaters LLP’s small tax team is regularly called upon to advise on private equity and corporate transactions, as well as tax-based structured finance projects. Corporate partner Laurent Schummer is heading the group on an interim basis, following the recent departure of Paul Tulcinsky to Stibbe.

Jointly headed by Christophe Joosen and Jean-Marc Groelly, NautaDutilh’s tax team is regularly called upon to provide structuring advice on domestic and cross-border private equity and corporate transactions. Recent highlights include providing the tax input in relation to Apollo and CVC’s £883m acquisition of Brit Insurance Holdings.

Headed by managing partner Frédéric Feyten, OPF Partners’ tax team has a good reputation for structuring funds and private equity transactions. The team is also well regarded for its general tax compliance and VAT work and was recently strengthened in those areas by the arrival of senior associates Christine Ntumba and Charlène-Adline Herbain.

At CMS DeBacker Leclère Walry, team head Diogo Duarte de Oliveira has ‘excellent international experience and provides ‘solutions-oriented advice’ to corporate and private equity firms engaged in major cross-border deals.

At M Partners, Herman Troskie has particular expertise on international tax planning.

Stibbe now has significant tax capability following the recruitment of Paul Tulcinsky from Linklaters LLP in June 2011; he specialises in international tax matters.

At Vandenbulke, the ‘business-minded’ Denis Van den Bulke has an excellent reputation for handling international tax structuring.

Wagener, Rukavina & Kettenmeyer’s Jean Wagener is well regarded for cross-border tax structuring.

Wildgen, Partners in Law’s David Maria has a strong reputation for handling corporate tax issues.

Press releases

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to

Legal Developments in Luxembourg

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Towards a stronger enforcement of competition law in Luxembourg from 1 February 2012

    Seeking to improve the efficiency of its Competition authority, the Grand Duchy of Luxembourg adopted last 23 October 2011 a new competition law.
  • Luxembourg Alternative Investment Funds

    Asset Classes - Hedge; Real Estate; Private Equity; Venture; Mezzanine; Infrastructure
  • New Germany - Luxembourg double tax treaty signed

    On 23 April 2012, the Grand Duchy of Luxembourg and the Federal Republic of Germany signed a new double tax treaty (the "New Treaty") which will replace the double tax treaty currently in force dated 23 August 1958. The New Treaty basically follows the provisions of the OECD Model Tax Convention, but certain specific provisions have been added.
  • Tax Update April 2012

    Our April tax update highlights the latest important changes in Luxembourg tax law, including the enactment of the law relaxing the conditions to be met in order to benefit from the SPF tax status. Other topics include inter alia recent case law on the exemption of income deriving from the sale of preferential subscription rights and the first decisions of the Luxembourg administrative courts relating to the exchange of information upon request based on the law of 31 March 2010.
  • European Commission publishes AIFMD level 2 implementation proposals

    The European Commission’s proposals for level 2 implementation measures for the Alternative Investment Fund Managers Directive has been circulated to European Union member states and to the European Parliament. The Commission’s draft has prompted criticism from hedge fund managers quoted in media reports and from a hedge fund industry body, the Alternative Investment Management Association, that in certain areas its proposals differ significantly from those put forward by the European Securities and Markets Authority (Esma) in its advice delivered to the Commission on November 16.
  • Luxembourg’s amended SIF law comes into force

    Luxembourg’s legislation amending the February 2007 law on Specialised Investment Funds came into force on April 1, following publication in the country’s official gazette, the Mémorial, on March 30. It is now identified as the law of March 26, 2012, the date on which it received royal assent.
  • ESMA refines proposed framework to deal with complexity of ETFs and other Ucits

    The European Securities and Markets Authority has published on January 30 a consultation paper proposing future guidelines for exchange-traded funds established as Undertakings for Collective Investment in Transferable Securities and other issues related to the Ucits regime. The Esma proposals cover both physical ETFs, which replicate the performance of stock, bond, commodity, currency or other indices by holding shares or other securities in the proportions that make up the index in question, or a sample thereof, and synthetic ETFs, which use swap transactions to obtain the economic performance of the index, using a basket of securities as collateral.
  • Publication of the new law on SIFs

    The law of 26 March 2012 amending the law of 13 February 2007 relating to specialised investment funds (“SIFs”) was published today in the Mémorial A-063 and will enter into force on 1 April 2012. 
  • ACCOUNTING ASPECTS

    I. Law of 10 December 2010 relating to the introduction of the International Financial Reporting Standards (IFRS) II. Grand-Ducal Regulation of 14 December 2011 relating to the procedure for filing financial information electronically with the Luxembourg Trade and Companies Register
  • ESMA launches discussion paper on AIFMD technical standards

    The European Securities and Markets Authority has published on February 23 a discussion paper on key concepts of the Alternative Investment Fund Managers Directive and types of alternative fund manager to initiate a consultation process aimed at finalising its policy approach.

Press Releases worldwide

The latest news direct from law firms. If you would like to submit press releases for your firm, send an email request to