News & Articles

07/03/22

New EU economic sanctions against Russia

EU institutions announced that the EU will respond with economic sanctions against those involved in Russian action against Ukraine.

07/03/22

Getting ready for the pan-European Personal Pension Product in Luxembourg

Having laid down the rules for the pan-European Personal Pension Product (or PEPP), Luxembourg is now prepared for when the harmonised EU PEPP regime …

02/03/22

Russia’s invasion of Ukraine: sanctions and trade restrictions overview

In response to Russia’s invasion of Ukraine, the EU has progressively adopted a series of new sanctions and trade restrictions targeted at Russia, Bel…

28/02/22

European Electronic Communication Code adopted

The Law of 17 December 2021 on electronic communications networks and services ("Law") was published on 22 December 2021 and came into force on 26 Dec…

23/02/22

New edition of the OECD Transfer Pricing Guidelines released

On 20 January 2022, the OECD released a new version of the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations.&nbs…

21/02/22

ATAD 3 Directive : somme clarity as " Economic Substance"?

The dynamism of the EU Commission in the field of combating tax evasion seems to be limitless, after the recent initiatives culminating with ATAD (Ant…

09/02/22

Luxembourg further improves the flexibility and attractiveness of its securitisation regime

Today, the law modifying the law dated 22 March 2004 on securitisation (the “Securitisation Law”) was adopted (the “Law”).

07/02/22

Short term consultation on Pillar One’s framework for nexus and revenue sourcing rules

On 4 February 2022, the OECD Secretariat released an update on “Pillar One”, the OECD/G20 Inclusive Framework’s effort to reallocate some taxing right…

27/01/22

Extension until 31 December 2022 of the legal measures for taking corporate decisions remotely: legal and tax …

The corporate law derogative measures regarding the holding of remote meetings or the taking of written resolutions for entities in relation with the …

21/01/22

OECD releases updated transfer pricing guidelines

On 20 January 2022, the Organisation for Economic Cooperation and Development (OECD) issued an update to its July 2017 Transfer Pricing Guideline…

11/01/22

European Electronic Communication Code adopted

The Law of 17 December 2021 on electronic communications networks and services  (the "Law") was published on 22 December 2021 and came …

10/01/22

International sanctions update – Is the EU getting tougher on sanctions?

On 13 December 2021, the Council of the EU adopted restrictive measures against the Wagner group, a Russia-based unincorporated private military entit…

29/12/21

Luxembourg budget bill for 2022

On 16 December 2021 the Luxembourg budget bill for 2022 (n°7878) has been adopted by the Luxembourg Parliament (the Law). In general, the Law aim…

24/12/21

EU Commission issues draft directives on substance requirements and minimum taxation

EU Commission issues draft directives on substance requirements and minimum taxation

24/12/21

EU Commission presents proposals for directives against shell entities and ensuring a global minimum level of …

On 22 December 2021 the European Commission (hereinafter: ‘EC’) presented two legislative proposals for EU directives, one to introduce a global minim…

23/12/21

Unshell Directive Proposal: the poisoned Christmas gift of the European Commission

16/12/21

Data protection notices after the Whatsapp case: what's the message?

A few months ago, the Irish Data Protection Commission imposed an administrative fine of EUR 225 million on WhatsApp Ireland Limited, declaring the co…

14/12/21

Countdown to the entry into force of the Luxembourg Reverse Hybrid Rule

The countdown has started. As from 1 January 2022, the last anti-hybrid mismatch provision related to reverse hybrid rule will enter into force. Under…

26/11/21

Prohibition of online advertising in a list of e-mails or messages – a misstep by the CJEU?

When submitted a request for a preliminary ruling, the Court of Justice of the European Union (CJEU) is expect to answer questions – not raise too man…

25/11/21

Impôt minimum mondial : un bref état des lieux des dernières avancées

 L’intégration des économies et des marchés nationaux a connu une accélération marquée ces dernières années, mettant à l’épreuve le cadre fiscal …