Tax in Luxembourg

Allen & Overy Luxembourg

'Very knowledgeable on the latest developments in the industry', Allen & Overy Luxembourg's two-partner team is 'well-connected with the tax authorities' and provides a 'balanced and thorough approach when dealing with complex tax matters'. Jean Schaffner regularly provides advice on the tax structuring of international M&A activity handled by the firm when a Luxembourg regulated/unregulated vehicle is used to facilitate the transaction. As well as advising on the tax aspects of M&A activity, senior partner Patrick Mischo  is well-versed on the tax elements related to the structuring of alternative investment funds. Counsels Julie Carbiener and Sophie Balliet are noted for their VAT and transfer pricing expertise, respectively.

Arendt & Medernach

Arendt & Medernach's five-partner team has sufficient strength-in-depth to provide broad-ranging tax expertise on standalone advisory work, as well as M&A and investment-fund-related structuring matters. Thierry Lesage regularly provides the tax input in relation to alternative investment fund structures established by the firm, and recently advised Swiss telecoms provider, Swisscom, on the establishment of an unregulated alternative investment fund - the “Digital Transformation Fund”. As well as providing tax advice in the context of private wealth matters, Eric Fort is often involved in real estate and private equity-related tax matters. Jan Neugebauer has broad-ranging national and international tax expertise, and is a key member of a team that also includes VAT expert, Bruno Gasparotto, and transfer pricing specialist Alain Goebel.

Bonn Steichen & Partners

Led by the 'outstandingAlain SteichenBonn Steichen & Partners' 'very commercial' eight-strong team provides 'top-quality' tax advice, in the context of M&A and investment fund structuring, transfer pricing and tax disputes. Steichen recently advised Goldman Sachs on the domestic corporate and tax law matters in the context of the sale, to the Italian infrastructure investor Atlandia, of all the shares of a Luxembourg special purpose vehicle holding a stake in the Channel Tunnel concessionaire Getlink. Senior associate Daniel Riedel provides a 'dynamic and proactive service'.

Clifford Chance

Led by the 'highly-skilled, pragmatic and solution-oriented' Geoffrey ScardoniClifford Chance provides 'tailor-made solutions' to complex tax issues, either on its own or, in relation to cross-border matters, with practitioners from across its vast network of offices. Counsel Maxime Budzin 's wide-ranging tax practice regularly sees him involved in the tax structuring of international transactions via Luxembourg regulated and non-regulated funds.

Elvinger Hoss Prussen

Benefiting from 'good contacts with the Luxembourg authorities', Elvinger Hoss Prussen is well-positioned to provide an 'excellent service' in relation to the tax input on M&A transactions handled by the firm and also on structuring associated with the firm’s market-leading fund practice. Praised for his 'high levels of dedication', Jean-Luc Fisch is at the forefront of the most complex matters handled by the team. Counsel Isabelle Gervais handles transfer pricing matters.

Loyens & Loeff

Benefiting from 'comprehensive Luxembourg tax law experience', Loyens & Loeff's nine-partner team covers the gamut of tax matters from investment fund structuring, through M&A-related advice, and transfer pricing. The 'pragmatic and highly technicalFrank van Kuijk is well regarded in the industry and, along with the 'excellentJochem van der Wal, specialises in investment management-related tax matters. Other recommended practitioners include the 'knowledgeable and professionalPeter Moons, for transfer pricing; VAT expert Thierry Charon; and Peter Adriaansen, who has a focus on providing tax advice to Latin American clients.

Stibbe

Praised for its ability to provide 'tailored and commercial advice', either on its own or in collaboration with its offices in Amsterdam and Brussels, Stibbe has an excellent reputation across a range of M&A, private wealth, investment funds and litigation-related tax matters. Johan Leonard was a new arrival from NautaDutilh in 2019. Diogo Duarte de Oliveira is now with Baker McKenzie.

TS&P

Established at the beginning of 2018 following the departure of the 'outstanding and well-connectedAndré Pesch, as well as numerous other high-profile practitioners from Baker McKenzie, the 'very efficient' team at TS&P has hit the ground running, and provides 'constructive and responsive advice' to banks, funds, corporates and high-net-worth individuals in complex cross-border deals and structures involving a Luxembourg nexus. The 'hardworking and skilledRomain Jacques is also a key practitioner on fund and M&A-related tax structuring, while Carlos Morales Ribas spearheads the firm's transfer pricing offering.

Baker McKenzie

In somewhat of a rebuilding phase following the recent departure of former team head André Pesch and several other senior practitioners to corporate and tax boutique TS&P, Baker McKenzie still has two partners based in Luxembourg as well as being able to leverage the vast network of tax resources, particularly from Paris and Brussels. Antonio A. Weffer has a strong reputation for transfer pricing matters. Amar Hamouche is also recommended. Diogo Diogo Duarte de Oliveira was a new arrival from Stibbe.

Bonn & Schmitt

As well as funds structuring and M&A-related tax advice, Bonn & Schmitt has developed an increasingly visible presence in exchange of information areas, including on Foreign Account Tax Compliance Act matters. Counsel Gaëlle Felly is recommended.

Clément Konrad & Partners

Clément Konrad & Partners provides an 'extremely high level of service' to investment management firms on the tax structuring of their investments. The 'responsive and pragmaticChristophe Clément regularly acts for hedge fund Warwick Capital Partners across an array of tax matters, including as it relates to its M&A activity.

CMS

Praised for its 'ability to think outside-of-the-box', CMS' Luxembourg tax team provides 'responsive and helpful' advice, either on its own or alongside lawyers from across the firm's vast global network. Praised for his ability to provide 'solid and no-nonsense advice', team head William Jean-Baptiste 'has a strong knowledge and experience on private equity deals and wealth management tax aspects in Luxembourg'.

Dentons

Led by Frédéric FeytenDentons' Luxembourg tax team is an integral component of the firm's international offering on big-ticket, cross-border M&A mandates. Feyten recently provided the tax structuring on behalf of Terra Firma Capital Partners on its €1.3bn sale of Italian solar energy company Rete Rinnovabile to Italian infrastructure investor F2i.

Hogan Lovells (Luxembourg) LLP

Led by Gérard NeiensHogan Lovells (Luxembourg) LLP provides 'business-oriented and practical advice' to funds and corporates on cross-border M&A activity (where it can effectively leverage its sizeable network of offices). Working alongside practitioners in Spain and the US, Neiens recently led on the local tax structuring front on behalf of US mid-market investment firm ACON, in a joint venture with Moonfish, in order to facilitate the acquisition of the Spanish Contenur Group.

Linklaters

Headed by Olivier Van ErmengemLinklaters' two-partner team provides standalone advisory work, as well as advice in coordination with other network offices and complementary practice groups, on big-ticket cross-border transactions. Van Ermengem recently provided the tax input to Blackstone on its €1.06bn sale of the Alliance Automotive Group to Genuine Parts Company Group. Splitting his time between the firm's Luxembourg and Belgium office, Guido De Wit has a focus on VAT matters.

NautaDutilh

NautaDutilh's team has particular strength advising on the tax structuring of investments made by alternative investment funds. Team head Jean-Marc Groelly regularly advises investment management firms on international tax structuring matters. Clients include Bain Credit, AnaCap Financial Partners and Marathon Asset Management. Johan Leonard is now with Stibbe.

Norton Rose Fulbright

One of the core pillars of the firm's offering since the firm opened up an office in Luxembourg in June 2017, Norton Rose Fulbright's tax team receives a raft of referral work from the firm's vast international network, in addition to direct mandates across a broad swathe of tax planning and compliance matters. Team head Raquel Guevara displays 'outstanding attention to detail and provides very practical advice'.

VANDENBULKE

Led by Denis Van den BulkeVANDENBULKE's tax team is an integral part of the firm's overall corporate and finance offering, and provides clients with 'very commercial' structuring, both from a direct and indirect tax perspective. Van den Bulke is praised for his 'creative advice' and his ability to 'approach tax and legal issues in a holistic way'.

Weidema Van Tol

At Weidema Van TolFrederic Dupont has an excellent reputation in relation to the accompanying tax structuring aspects of alternative investment funds.

Wildgen

Led by David MariaWildgen has 'extensive knowledge of the Luxembourg tax and legal environment', and regularly acts for private equity sponsors on the tax structuring of investments, and for high-net-worth-individuals on international tax planning.