Pillar 2 Implementation In Luxembourg: Bill Submitted To Parliament

On 4 August 2023, the Luxembourg government presented Bill of law no. 8292_ implementing Council Directive (EU) 2022/2523_ of 14 December 2022 on ensuring a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the Union.

On 4 August 2023, the Luxembourg government presented Bill of law no. 8292_ (Bill) implementing Council Directive (EU) 2022/2523_ of 14 December 2022 on ensuring a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the Union (Pillar 2 Directive).

To read our newsflash on the Pillar 2 Directive, click here_

The proposed measures in the Bill are largely in line with the provisions of the Pillar 2 Directive. Continue reading for a summary of the main features and a focus on some key points.