News & Articles

02/03/20

FATCA & CRS reporting in Luxembourg: new draft bill submitted to the Parliament

On 20 February 2020, the Luxembourg government filed with Parliament the draft bill of law n°7527 modifying both the CRS law of 18 December …

19/02/20

EU ECOFIN: revision of the EU list of non-cooperative jurisdictions for tax purposes

The Economic and Financial Affairs Council (ECOFIN) today adopted revised conclusions on the EU list of non-cooperative jurisdictions for tax purposes…

14/02/20

New transfer pricing guidance on financial transactions

On 3 July 2018, the OECD launched a consultation on the transfer pricing of financial transactions by publishing the first draft of a new chapter of t…

05/02/20

Tax Flash: CJEU rules that Dutch tax rules on dividends paid to non-resident UCITS partly violate EU law

On 30 January 2020, the Court of Justice of the European Union (“CJEU”) issued its judgement in the case of Köln Aktienfonds Deka (“KA Deka”). The CJE…

31/01/20

Brexit will happen tonight. What next?

At midnight tonight Luxembourg time, the United Kingdom will leave the European Union. For business in the EU and the UK, nothing will change during 2…

24/01/20

Directive (EU) 2019-2121 on Cross-Border Conversions, Mergers and Demergers

On 27 November 2019, the European Parliament and the Council adopted Directive (EU) 2019/2121 (the "Directive") which amends the provisions of Directi…

24/01/20

The Luxembourg Double Tax Treaties Network

List of double tax treaties in force and in negotiation as of 23 December 2019.

22/01/20

VAT “Quick Fixes”: simplifications and challenges for Luxembourg businesses

On 23 December 2019, the Luxembourg VAT authorities issued Circular n°799, outlining the main legislative changes in Luxembourg VAT law effective as f…

13/01/20

New decision of the Court of Justice of the European Union on the expression of the annual percentage rate of …

Following a request for a preliminary ruling from the Regional Court of Trnava, Slovakia in the context of proceedings between a consumer and a Slovak…

26/12/19

CJ rules on restriction of eligibiltiy of energy tax rebate scheme

On 14 November 2019 the CJ issued a preliminary ruling in the (second) Dilly’s Wellnesshotel case (C-585/17). Austria decided to limit an existing ene…

24/12/19

Rulings: Limitation of validity period

On 14 October 2019, the Luxembourg 2020 draft budget law was tabled by the Finance Minister to the Parliament (“Draft Budget Law”).

23/12/19

EU Council adopts VAT Implementing Regulation on new VAT rules for e-commerce

19/12/19

Luxembourg 2020 budget law introducing new tax measures and law implementing ATAD II passed

Today, the budget law for 2020 and the law implementing into domestic law Council Directive (EU) 2017/952 of 29 May 2017 (“ATAD II”) have been passed …

19/12/19

ATAD 2 Law adopted

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”)…

18/12/19

CJ rules that non-EU pension funds can obtain the refund of dividend withholding tax

CJ rules that non-EU pension funds can obtain the refund of dividend withholding tax if they are comparable to domestic pension funds (College Pension…

05/12/19

Buying alliances in Europe are under threat

On Monday 18 November 2019 the Dutch Authority for Consumers and Markets ("ACM") announced that the regulator had dawn raided several large traders in…

02/12/19

CJ rules on assessment of abusive practices and refusal to grant VAT deduction (Kuršu zeme)

On 10 July 2019, the CJ delivered its judgment in the case Kuršu zeme (C-273/18). The Latvian company SIA Kuršu zeme deducted input VAT charged to it …

26/11/19

DAC 6 Update - Where European jurisdictions stand regarding implementation?

DAC 6, the sixth amendment to the Directive on Administrative Cooperation (“DAC 6”) requiring so-called tax intermediaries to report, on a mandat…

12/11/19

General Court sets framework for the Commission to enforce arm’s length transfer pricing under State aid rules…

On 24 September 2019, the General Court upheld the Commission’s decision that Fiat had received unlawful State aid from Luxembourg, and at the same ti…

12/11/19

Bill Affecting Luxembourg Tax Rulings Issued Before 1 January 2015

On 14 October 2019, the finance minister presented a bill on the 2020 budget (the “Bill”). The Bill includes inter alia tax provisions, one of which c…