193 results found

The European Commission challenged Luxembourg's decision to exempt securitisation special purpose entities from EU interest deduction limitations, arguing the exemption list is exhaustive. Advocate General Kokott has now recommended dismissing this infringement action, finding that regulated SSPEs are economically comparable to other exempt financial undertakings and should be treated equally under EU law.

Luxembourg's draft budget for 2027 introduces significant tax reforms affecting businesses, investors, and employers, including a corporate income tax rate reduction, unlimited loss carryforwards, and enhanced investment credits for digital and green initiatives. The proposed measures also modify capital gains rules, residential investment deductions, and streamline employer reporting obligations for impatriate and profit-sharing regimes.

The Bill has two components: It introduces a targeted tax regime for stock options granted by young innovative companies (YICs) to their employees, and it separately codifies the existing tax treatment of ordinary...

On June 9 2023, the Luxembourg tax authorities released an initial administrative Circular1 regarding the taxation of Luxembourg reverse hybrid entities, which includes tax transparent entities...

On 21 March 2018, the EU Commission presented two Proposals for Council Directives specifically targeting the digital economy.

There are no legal requirements relating to residence or nationality of the directors. They may be natural or legal persons and resident or non-resident.

The last few years have seen some big changes in the corporate tax world – from ATAD1 & 2 and the EU Commission's anti-tax avoidance package to the recent US tax reform.

On 2 December 2017, the US Senate passed its version of tax reform legislation ("Senate Bill") by 51 votes to 49, while the House passed its own version ("House Bill") on 16 November 2017.

ON 14 FEBRUARY 2023, THE COUNCIL OF THE EU REVISED THE EU LIST OF NON-COOPERATIVE JURISDICTIONS FOR TAX PURPOSES (THE "EU BLACKLIST") BY ADDING BRITISH VIRGIN ISLANDS, COSTA RICA, MARSHALL ISLANDS AND RUSSIA.

A Luxembourg Commercial Company is any company that performs a commercial, craft or industrial activity in the territory of Luxembourg.

On 7 June 2017, Luxembourg together with 67 other jurisdictions, signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS ("Multilateral Instrument" or "MLI").

Luxembourg's Finance Minister has unveiled a draft budget for 2027 that includes significant tax reforms affecting businesses and investors. The proposed changes include a reduction in corporate income tax rates, the removal of time limits on loss carryforwards, and enhanced investment tax credits for digitalisation and green projects. However, the extension of the speculation period for capital gains from six to twelve months will require careful consideration by fund managers and investors planning asset

On 17 July 2024, the Luxembourg Minister of Finance presented to Parliament a bill of law (the "Bill") providing a certain number of measures aiming at strengthening the purchasing power of households...

Further to the adoption of the first list of "non-cooperative" jurisdictions for tax purposes at EU level (the "Blacklist") on 5 December 2017, the EU member states agreed on the introduction...

New Dutch tax classification rules for Dutch and foreign entities will enter into force per January 1, 2025.

On 4 March 2020, the Luxembourg tax authorities released a Circular on the CFC rules (article 164ter of the Income Tax Law) introduced as of 1 January 2019 following the implementation of...

On 7 June 2017, Luxembourg together with 67 other jurisdictions, signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS ("Multilateral Instrument" or "MLI").