Brexit And Asset Management: The Luxembourg Transfer Pricing Perspective

The asset management industry in the United Kingdom is the one of the biggest in the world, while Luxembourg is often cited as a key jurisdiction for asset management too, being the largest fund domicile in the EU.

At present, although the Brexit negotiations between the UK and EU seem to be at a standstill, many leading asset management firms are planning for relocation to a post-Brexit EU hub in Luxembourg. Specifically, current market intelligence indicates that 53 companies are planning to relocate from the UK to Luxembourg.

In this context, this article will discuss our thoughts on potential transfer pricing considerations from a Luxembourg standpoint.

Increased attention on transfer pricing