655 results found

On December 20, 2024, the Luxembourg parliament adopted without material changes the tax relief package bill that we covered in a previous publication.

With the Directive on ensuring a global minimum level of taxation for multinational and large-scale domestic groups in the Union ("Pillar2") in the process...

An overview of the major recent legal and regulatory developments that have taken place under Luxembourg and EU law.

On 14 October 2020, the 2021 budget draft law was presented to Parliament. The Government decided that the time was not right to increase taxes and/or perform a big tax reform and decided...

On 15 December 2022, the Luxembourg Parliament approved budget bill n° 8080, for 2023, which had been presented on 12 October 2022 by the Luxembourg Government.

The end of 2023 has been marked by the legislative elections and the formation of a new government in Luxembourg. Time has now come to provide you with a few insights on what has happened...

On 28 July 2021, the Luxembourg tax authorities issued a Circular in order to provide guidance on the interpretation of the interest deduction limitation rules laid down in Article 168bis of the Luxembourg income tax law ...

Despite its strong economic credentials, doing business in Luxembourg can be a difficult task without prior knowledge of the corporate landscape.

On 4 May 2021, the Luxembourg tax authorities informed Luxembourg taxpayers about the release of the corporate tax forms and related appendices in respect of tax year 2020.

On April 12, 2016, Treasury and the IRS issued proposed regulations regarding deemed distributions of stock and rights to acquire stock (REG-133673-15).

On 4 February 2022, the OECD Secretariat released an update on "Pillar One", the OECD/G20 Inclusive Framework's effort to reallocate some taxing rights to market jurisdictions

On 25 May 2018, the ECOFIN Council adopted the 6th Directive on Administrative Cooperation, commonly called DAC6, which requires so-called tax intermediaries to report certain ...

On 12 September 2023, the European Commission introduced the Transfer Pricing Directive proposal ("TP Proposal").

On 19 May 2021, the European Commission released a Communication, "Business taxation for the 21st Century", which sets out both a short-term and a long-term vision, ostensibly to support Europe's

On 23 November 2023, the new government has been granted the parliament's confidence following the presentation of the coalition programme.

In this Tax Update, we list the most important tax proposals from the 2026 Tax Plan. From the pseudo-final levy on business lease cars to the abolition of the reduced additional tax liability for electric cars...

On 12 September, the EU Commission adopted a key package of initiatives containing notably a Directive Proposal on Business in Europe: Framework for Income Taxation...