Actualités et articles

21/01/25

2025: what to expect?

2025: what to expect?

14/01/25

New year 2025, new tax measures

The end of 2024 saw an important increase in tax measures introduced by the new Luxembourg government generally aimed at increasing Luxembourg’s attra…

06/01/25

Global minimum taxation (Pillar 2) in Luxembourg: implementation of 2023 & 2024 OECD guidance into domesti…

On 19 December 2024, the Luxembourg Parliament adopted bill of law 8396 and its amendments incorporating the OECD’s Pillar 2 Administrative Guidance i…

18/12/24

EU adopts FASTER directive: a milestone for streamlining withholding tax relief

On 10 December 2024, the Council of the EU formally adopted the Faster and Safer Tax Relief of Excess Withholding Taxes (FASTER) directive. The text h…

10/12/24

The FASTER Directive introducing new rules for withholding tax procedures formally approved at today’s ECOFIN …

Today, the European and Financial Affairs Council (“ECOFIN”) approved Directive on Faster and Safer Relief of Excess Withholding Taxes (hereafter “FAS…

10/12/24

Part I: The Listing Act - Key Updates to the Prospectus Regulation

On 8 October 2024, the European Council adopted the Listing Act, a significant legislative package designed to make EU capital markets more attractive…

06/12/24

The European Court of Justice rules on the validity of DAC6

On 29 July 2024, the Court of Justice of the European Union (“CJEU”) issued a judgment upholding various provisions of the Council Directive (EU) 2018…

04/12/24

DORA’s entry into force is fast approaching : have you updated your it contracts?

Regulation (eu) 2022/2554 of the european parliament and of the council of 14 december 2022 on digital operational resilience for the financial sector…

03/12/24

Luxembourg District Court applies CJEU decision on VAT and directors’ fees

On 22 November 2024, the Luxembourg District Court ruled that directors’ fees are not subject to VAT, applying the CJEU’s decision of 21 December 2023…

03/12/24

State of play of different proposals at EU level (Unshell, TP, HOT, FASTER, DAC9, etc.)

In June 2024, the EU Council approved a report to the European Council on tax issues. The report provides an overview of the progress achieved in the …

29/11/24

New circular on the tax consequences of a dissolution without liquidation

On 19 July 2024, the Luxembourg tax authorities (“LTA”) released a new circular LIR n°170/1, 170bis/1, ICC n°44, Fort. N°5 (“the Circular”) which deal…

22/11/24

DORA's Balance: Smart Compliance for Investment Firms, Assets Managers and their Funds

he Digital Operational Resilience Act (DORA) is enforceable from 17 January 2025. It introduces new legal obligations for EU financial entities to man…

12/11/24

CSRD reporting - between challenges and opportunities

08/11/24

EU Commission adopted a DAC9 proposal to ease filing obligations under the Pillar Two directive

On 28 October 2024, the EU Commission put forward a directive proposal (the “DAC9 Proposal”) amending the Directive on administrative cooperation in t…

05/11/24

Council of the EU finally agrees on VAT in the digital age package (VIDA)!

On 5 November 2024, the Council adopted new measures aimed at modernising the value added tax rules for the digital transition. The legislative packag…

04/11/24

New EU proposal to simplify Pillar 2 filing obligations for MNEs

On 28 October 2024, the EU Commission published a proposal to amend the directive on administrative cooperation in tax matters (DAC 9 proposal). The D…

25/10/24

How are Luxembourg securitisation vehicles affected by the NPL Law?

On 12 July 2024, the Luxembourg Parliament adopted the draft bill No. 8185 (the NPL Law) transposing Directive (EU) 2021/2167 regarding credit service…

18/10/24

The Council adopts the Listing Act

On 8 October 2024, the Council of the European Union (the Council) adopted the package of measures known as the “Listing Act” (the Act), following the…

08/10/24

Boundaries of attorney-client confidentiality in Luxembourg

04/10/24

CJEU judgment on Article 22 referrals: predictability and legal certainty restored?

A wave of relief swept through businesses within the competition law landscape as the Court of Justice invalidated the Commission’s merger review poli…