Besides introducing an OECD-compliant full exchange of tax information procedure (still excluding "fishing expeditions"), the major changes to the Treaty concern the introduction of an anti-abuse/limitation on benefits provision which is new ground in Luxembourg tax treaty policy and the possibility for the situs state to tax the sale of shares in a "land-rich" entity (provided however that domestic tax law permits such taxation, which, depending on the structuring scenario, does not necessarily

In its answer to a parliamentary question on patent boxes (QP 896), Luxembourg Finance Minister announced that a new IP tax regime in line with the so‑called "modified nexus approach" will be introduced.

Progressive tax rates ranging from 0% to 42.8% apply to taxable income not exceeding €150,000 (€300,000 for couples taxed jointly).

Yesterday, as part of the implementation of the measures taken by the Luxembourg Government to deal with the spread of the Coronavirus, ...

On 17 March 2020, the Luxembourg tax administration issued an official newsletter on their website (impotsdirects.public.lu).

The Luxembourg budget for 2023 (the "Budget") has been adopted by the Luxembourg Parliament on 15 December 2022. While it contains no major tax reforms,...

On 19 December 2019, the Luxembourg Parliament adopted the law transposing the Council Directive (EU) 2017/952 of 29 May 2017 (the so-called "ATAD 2") into Luxembourg law ("ATAD 2 Law") (first constitutional vote).

The European market for sub-investment grade corporate credit is now well established. This has been driven in large part by the ongoing move towards direct lenders as a growing source of debt financing.

On 4 October 2024, the Court of Justice of the European Union (CJEU) ruled that the Dutch interest deduction limitation rule of Article 10a Corporate Income Tax Act 1969 (CITA) is not in breach of EU law...

The new edition of the EU Tax Alert is available. With this publication we would like to keep you informed about the latest developments on EU tax law. We have summarized the highlights of this edition below.

Political agreement with the European parliament on the proposed directive on the disclosure of income tax information by certain undertakings and branches...

On 10 October 2019, France and Luxembourg signed an amending protocol ("Amending Protocol") to the Luxembourg-France Double Tax Treaty ("DTT")...

You are cordially invited to our October 29th online event, the second in our NY Webinar Series, which will focus on ATAD 1 and 2: Where do we stand?

Bill n°7746 regarding amendments to certain tax, financial and budgetary deadlines in the context of the state of emergency was introduced on 15 January by Mr Gramegna, Finance Minister ("Bill")...

The protocols to the double tax treaties concluded by Luxembourg with Belgium, France and Germany provide rules allowing cross-border workers to perform their activities outside of their employment state...

On 7 November 2022, the French and Luxembourg governments signed an amendment to paragraph 3 of the protocol to the existing treaty between the two countries for the avoidance of double taxation...

The profit sharing bonus ("prime participative") has been introduced by the Luxembourg 2021 Budget Law of 19 December 2020 in order to keep Luxembourg attractive for talents. In this respect...

As expected, the law implementing the new Luxembourg carried interest tax regime has been passed and is applicable as from 2026...

On 21 December 2020, the Luxembourg Finance Minister announced an extension to the filing deadlines for 2019 and 2020 Luxembourg tax returns.

As part of an agreement concluded with France on 1 October 2022 to permanently increase to 34 the total number of days of teleworking allowed to French frontier workers...