Led by Thierry Lesage, Arendt & Medernach's six-partner team has the critical mass to advise clients across a tremendous range and volume of work, including as it relates to corporate tax, transfer pricing, fund structuring, VAT and litigation. Splitting his time between the firm's Luxembourg and New York offices, Eric Fort is a prominent figure in the market as a result of his vast experience and ability to provide 'relevant, innovative and pragmatic solutions' to private wealth clients, as well as in the context of private equity and real estate transactions handled by the firm. Formerly head of the firm's Luxembourg tax desk out of New York, Jan Neugebauer has developed a particularly strong reputation advising North American clients considering investing or structuring through a Luxembourg corporate vehicle. Vincent Mahler also regularly handles US-related work, as well as tax matters with a nexus to France.

Bonn Steichen & Partners' 11-strong team provides a 'superior service' to a range of international and domestic clients, both on standalone tax matters, as well as in the context of transactional work handled by the firm. Particular areas of strength include Luxembourg tax structuring for financial sponsors on their M&A, as well as advising creditors on the Luxembourg tax implications related to large debt exposure with regard to international insolvency mandates. The 'very experienced' Alain Steichen heads up the team and, as well as his advisory and transactional-related work, is also noted as one of the country's foremost tax litigators. Counsel Daniel Riedel is 'very competent' across a range of day-to-day tax advisory or compliance work, structuring and litigation.

Clifford Chance provides a 'pragmatic and business-oriented service' to clients on standalone tax issues, as well as on the tax structuring associated with corporate/M&A, finance and real estate transactions handled by the Luxembourg office. Much of the work is of a cross-border nature, which it is comfortably able to resource utilising lawyers from throughout the firm's broader global network. Team head Geoffrey Scardoni is appreciated for his ability to 'provide tailor-made advice' across a range of international tax law matters, particularly in the context of fund structuring.

Benefiting from a 'fair view and understanding of market practice and trends', Elvinger Hoss Prussen is able to provide 'solution-oriented and clear tax advice on complex matters', including as it relates to the design and implementation of international tax structures for the Luxembourg financial sector. Although former head Jean-Luc Fisch's departure to Dentons in August 2020 was clearly impactful, the team's pipeline of transactional work, track record in the space and longevity in the market, has ensured that it remains a leader in the field. The 'very client-oriented and agile' Elisabeth Adam is now one of the most senior members within the three-partner team and is appreciated by funds and private clients/family offices clients for her ability 'to provide advice and implement complex transactions, while ensuring legal security at the same time'. 

Praised for its 'great international experience', as well as its 'excellent collaboration with other practice areas within the firm', the six-partner team at Loyens & Loeff has the critical mass to be able to provide a significant degree of partner specialisation across the spectrum of domestic and international tax matters. For example, team head Jochem van der Wal specialises in transactional tax matters and regularly works alongside practitioners from the firm's corporate, banking and funds group on the structuring associated with those mandates. Peter Moons is also involved in transactional tax matters, although he is best-known for his transfer pricing expertise and heads up the office's sub-group in this area. The team has also been active of late advising on tax aspects associated with Brexit-related group restructurings and has also developed somewhat of a niche providing the tax structuring to Latin American companies on their Luxembourg debt issuances.

'A welcome oasis of technical excellence', independent business boutique law firm TS&P is 'always on the top of current developments of market practice and tax law changes' and is consequently able to provide very appropriate advice to clients and referring law firms alike. 'Very competent in international corporate tax', this manifests itself for a range of clients including banks and multinational corporates, although the firm has gained particular plaudits for its work on behalf of alternative investment funds. 'A very creative tax expert', team head André Pesch 'can solve the most complex issues in a very pragmatic way' and has been central to the firm's success in the area in such a short time since the firm's foundation in 2018.

Dentons' tax offering is in somewhat of a transitionary phase following the departure of two partners, including former team head Frederic Feyten to CMS  at the beginning of 2020. The rebuilding process has, however, already begun and the arrival of Jean-Luc Fisch  from Elvinger Hoss Prussen in August 2020 was a notable statement of intent. Noted for his international tax expertise, Fisch heads the team and is well-positioned to exploit his cross-border private equity and real estate-related tax expertise, particularly in light of the firm's vast international network of offices.

Benefiting from 'very good collaboration with their offices across Europe and the world', Hogan Lovells (Luxembourg) LLP excels in providing 'professional and pragmatic' advice to multinational corporates and investment funds on international tax structuring and planning matters. Team head Gérard Neiens provides 'responsive, cost-effective and efficient solutions.'

Led by Jean-Marc Groelly, NautaDutilh's 'approachable and personable' eight-strong team excels in providing the tax structuring associated with M&A, banking and funds work handled by the firm. Other areas of strength include transfer pricing and tax-related regulatory advice.

Led by Johan Léonard, following his recent arrival from NautaDutilh, Stibbe's 'young and dynamic' four-strong team provides a 'very client-focused service' to clients in the context of standalone advisory work, as well as on funds-related tax structuring. Praised for his 'proactive and accessible approach', Léonard excels at international tax planning, and is able to effectively advise private equity funds, in particular, on the underlying structuring associated with their M&A activity.

AKD is particularly well regarded among private equity and real estate funds for the 'excellent levels of customer service and cost-effective approach' it provides on fund formation and subsequent downstream investment mandates. The 'commercial' Rutger Zaal has 'strong cross-jurisdictional knowledge' and co-heads the two-partner tax team alongside Ayzo Van Eysinga.

At Bonn & Schmitt, counsel Anne Selbert  has a particular strength advising on international corporate taxation and regularly provides the tax input pursuant to mandates handled by private equity clients of the firm.

The 'young and hungry' six-strong team at DLA Piper provides 'efficient, client-focused and very technical advice' to alternative asset management firms; in particular, on their fund structuring, investments or group reorganisations in Luxembourg and beyond. Team head Jacques Wantz is 'clearly a rising star', and developing a strong reputation in relation to the tax structuring of pan-European regulated and unregulated alternative investment funds, as well as on the tax aspects of cross-border private equity, real estate and debt investments.

Led by Mathilde Ostertag, GSK Stockmann SA's 'agile and innovative' three-strong team provides the underlying tax structuring pursuant to private equity and real estate investment work handled by the firm's transactional lawyers. Most of the work is of a cross-border nature and regularly includes advice to clients on matters involving a German nexus.

LexField's team head Pierre-Yves Magerotte is 'exceptional on cross-border tax structuring' and an integral member of the firm's high-calibre offering to private equity funds requiring Luxembourg structuring to facilitate their M&A. Other areas of focus include real estate and private client-related tax structuring.

Led by James O’Neal and strengthened in December 2020 by the arrival of Jean-Dominique Morelli  from CMS, Maples and Calder (Luxembourg) SARL's two-partner team is particularly well-positioned to provide the Luxembourg tax structuring advice associated with cross-border M&A handled by the firm's roster of alternative asset management firms.

Acting for many of the firm's institutional fund and corporate clients on their Luxembourg-based structuring matters, as well as successfully developing a growing clientele of its own, Norton Rose Fulbright continues to enhance its reputation in the country since its establishment in mid-2017. The 'very reactive and pragmatic' Florent Trouiller heads the team – following his arrival in October 2019 from Dechert Luxembourg – and is noted for his tax structuring of cross-border private equity and real estate transactions.

Benefiting from 'extensive knowledge on corporate tax matters',Wildgen provides 'timely replies and solutions' to clients engaged in cross-border restructurings, M&A transactions and business migrations. 'Extremely user-friendly' team head David Maria  is a 'subject matter expert and capable of describing sometimes complex issues clearly for a lay person'.