News & Articles

19/10/26

Newsflash | EU Case Law | PSD GAAR Assessment: economic substance yields to the overall picture

On 15 October 2026, the CJEU delivered its judgment in the Neo Group case, confirming that the genuine economic activity of a parent company does not,…

16/10/26

ESMA promotes clarity in claims on impact and transition through two additional thematic notes

On 12 October 2026 ESMA published two new thematic notes with do’s and don’ts for impact claims and climate transition claims in funds, bonds and benc…

09/10/26

Newsflash | 2027 State budget | Corporate tax rate reduction and other measures

On 7 October 2026, the Government presented the State budget for 2027, with tax measures aimed at supporting businesses with a cut in corporate tax ra…

02/10/26

Luxembourg Business Registers clarifies RBE filings for companies held by a trust or foundation

17/09/26

Kids Act: EU-wide child online safety measures trailed

The European Commission will present EU Kids Act proposals this week to regulate under-15s’ access to social media, video platforms, games and AI chat…

15/09/26

EU fund managers: structuring considerations for Belgian Private Privak investors in Luxembourg private equity…

Where Belgian Private Privak investors invest in Luxembourg PE funds, structuring choices — notably SCA RAIF/SICAR versus transparent SCSp vehicles — …

11/09/26

Ready, respond, report: the Cyber Resilience Act’s reporting regime is here

From 11 September 2026, manufacturers of in-scope products with digital elements must report actively exploited vulnerabilities and severe cybersecuri…

07/09/26

Mandatory B2B VAT e-invoicing coming to Luxembourg

Luxembourg is preparing mandatory domestic B2B VAT e-invoicing. Reception obligations would start from 1 January 2028; issuance/transmission by 1 July…

24/08/26

LBR Circular 26/01: look-through UBO filing for companies held by trusts/foundations

A&O Shearman on Circular LBR 26/01 (19 Aug 2026): when a Luxembourg RBO-obliged entity is held by a fiducie, trust or foundation, report the arran…

11/08/26

Luxembourg housing package: enhanced real estate tax incentives, VEFA projects and affordable housing

Luxembourg's new housing package introduces various real estate tax measures, including a higher Bëllegen Akt tax credit for individual buyers, VEFA r…

06/08/26

EU Forced Labour Regulation: key aspects and practical implications for businesses

The EU Forced Labour Regulation entered into force on 13 December 2024 and will apply from 14 December 2027. It bans products made with forced labour …

27/07/26

CRD VI in Luxembourg: Grandfathering has ended

What third-country banks need to do before January 2027. The grandfathering period under the CRD VI Directive expired on 11 July 2026, so new contract…

24/07/26

34-day tax threshold for French cross-border workers: practical application

The Luxembourg Tax Authorities have clarified the 34-day leniency threshold for French cross-border workers in a circular dated 24 June 2026. Circular…

07/07/26

End of the MiCAR transitional regime on 1 July 2026: practical impacts

CMS sets out the practical impact of the end of the MiCAR transitional regime on 1 July 2026 for virtual asset service providers (VASPs) and their cus…

03/07/26

New Luxembourg tax bill on taxation of employee stock options

On 1 July 2026, the Luxembourg government submitted a bill to Parliament introducing a new tax regime for employee stock option plans implemented by q…

01/07/26

EU securitisation vehicles likely to continue to be exempt from interest limitation rules

On 18 June 2026, Advocate General Juliane Kokott delivered her opinion in Case C-138/24 (European Commission v Grand Duchy of Luxembourg), finding tha…

10/06/26

Luxembourg Pillar Two FAQ updated: LTA provides further guidance on registration and GIR notification obligati…

On 4 June 2026, the Luxembourg direct tax authorities ("LTA") updated their FAQ on the Luxembourg Pillar Two legislation. A new Chapter 10 sets out pr…

27/05/26

Luxembourg adopts a new cyber and resilience framework with NIS 2 and CER laws

Luxembourg has adopted two parallel laws transposing the EU NIS 2 Directive (2022/2555) and the CER Directive (2022/2557), establishing a unified cybe…

27/05/26

Luxembourg case law (lower court): share premium reductions may become subject to (up to 15%) Luxembourg divid…

The Luxembourg Administrative Tribunal (Case no. 45846a, 25 March 2026) ruled that a repayment of share premium to shareholders, absent a correspondin…

21/05/26

Implementation of CRD VI into Luxembourg law

The law of 5 May 2026 (the “Law”) implements inter alia Directive (EU) 2024/1619 amending the capital requirement directive (“CRD VI”) into Luxembourg…