Well Prepared For 2025!

As spring is upon us, the time has come to present our latest edition of our Insights, highlighting recent developments from the Grand Duchy, at European level, and in the Middle East over the past few months.

The Luxembourg VAT treatment applicable to directors' fees has been the subject of numerous discussions and press articles for the last few weeks.

On 14 December 2023, the CJEU decided in favour of Amazon in State aid case C-457/21 P by confirming the General Court's conclusion that the Commission did not demonstrate that Luxembourg granted a selective advantage to Amazon.

On 8 August 2019, Bill No. 7466 (the "Bill") implementing the Anti-Tax Avoidance Directive (EU) 2017/952 on hybrid mismatches ("ATAD2") into Luxembourg domestic law was published.

On 26 February 2019, the Court of Justice of the European Union ("CJEU") issued its decisions in six cases which deal with the interpretation of the Parent-Subsidiary Directive ("PSD") and the Interest & Royalties Directive ("IRD", together the "Directives").

On 6 January 2026, the Luxembourg government released draft law No. 8676 (the "Draft Law") introducing a single tax class for income taxation...

There are 'critical' moments when VAT implications need to be managed.

In this second section of our Video Podcast, Keith O'Donnell - Managing Partner, details how the OECD proposals on Pillar 1 and Pillar 2 addressing the Tax Challenges

As usual, like at the beginning of each year, Luxembourg VAT taxable persons received VAT account statements from the Luxembourg Treasury.

On 17 December 2025, the Luxembourg Parliament enacted the law on the exchange of information with respect to "top-up tax information return" (the "DAC9 Law"), which transposes...

Algorithms and AI are rapidly reshaping how companies set prices and compete, but they are also attracting intensified antitrust scrutiny.

A significant milestone for cybersecurity in Belgium was reached when the Parliament ratified the transposition of the EU NIS2 Directive on 18 April 2024.

A recently published Royal Decree formalised the entry into force date of the revised Dutch corporate income tax loss relief rules at 1 January 2022.

ESG litigation is on the rise. There has been a strong increase in Environmental (climate change) litigation over the past years, as is also demonstrated in figures in the UNEP Report 2023.

Below we outline some of the main items of this further Administrative Guidance (July 2023 AG), which is the second set of additional administrative guidance...

Switzerland's new Legal Entities Transparency Act introduces a centralised federal register of beneficial owners, fundamentally changing how Swiss companies must identify, document and report ultimate ownership and control structures. The regime imposes strict reporting deadlines beginning in late 2026, with criminal sanctions for non-compliance reaching up to CHF 500,000 for intentional breaches. Companies must now navigate complex look-through requirements, enhanced documentation obligations, and ongoing

Luxembourg is modernizing its securitisation framework through two key legislative reforms: the Draft Securitisation Bill and the Deferred Capital Law. These amendments expand financing options for securitisation vehicles, permit active management of broader asset classes in private transactions, and allow deferred payment of share capital for SARLs, potentially reducing incorporation timelines from months to days.

Swiss fund marketing rules differ significantly from EU regimes, offering US fund managers flexibility in pre-marketing activities while imposing specific registration requirements for formal marketing...

As of today, the EU Data Act comes into force across the European Union. Part of a broader package of digital legislation, this regulation establishes...

On 25 April 2025, the Dutch Supreme Court (Supreme Court) issued two landmark decisions on certain anti-abuse rules relevant for non-Dutch...