News & Articles

29/12/23

VAT on directors’ fees and other VAT changes for 2024

The CJEU has held that directors’ fees are not subject to VAT, the temporary VAT rate reductions end on 31 December 2023 and a bill of law extends the…

26/12/23

CJ confirms Amazon and Luxembourg win in EU State Aid case

On 14 December 2023, the CJ sided with Amazon and Luxembourg and dismissed the European Commission’s appeal against a May 2021 judgment of the General…

22/12/23

VAT on Directors Fees and State Aid: ECJ is playing Santa for Luxembourg!

The tax year 2023 is ending with a final word on the question of VAT charged on directors fees, and with favorable rulings on State Aid.

22/12/23

Luxembourg investment tax credit revised to encourage digital, environmental and energy transition

21/12/23

Clarification on draft technical standards for the ELTIF 2.0 regime

On 19 December 2023, ESMA published its final report setting out the draft regulatory technical standards (RTS) for Regulation (EU) 2015/760 on Europe…

14/12/23

ECJ ruled: no illegal State aid in the European Commission's Amazon case

oday, the European Court of Justice (“ECJ”) annulled the decision of the Commission[1] that had decided that Luxembourg had granted Amazon unlawful St…

08/12/23

Preventing environmental damage through sustainable cooperation

The European Commission (EC) recently published its updated Horizontal Guidelines, including a new section on competition and sustainability agreement…

07/12/23

ESAs Final Report on the review of SFDR Delegated Regulation

The ESAs have published their final report on the review of the SFDR delegated regulation. The report builds on amendments initially proposed in the j…

05/12/23

ECJ ruled: no illegal State aid in the European Commission's Engie case

Today, the Court of Justice of the EU (ECJ) annulled the judgment of the General Court1 as well as the decision of the Commission2 that had decided th…

04/12/23

Unconstitutionality of the minimum net wealth tax of EUR 4,815

24/11/23

Tax – Luxembourg minimum net wealth tax provisions unconstitutional

20/11/23

European Parliament adopts final version of the Data Act

On 9 November 2023, the European Parliament formally and overwhelmingly adopted, by a majority of 481 votes in favour, 31 votes against and 71 abstent…

26/10/23

EC Proposal for a Transfer Pricing Directive

On 12 September 2023, the European Commission (“EC”) introduced a proposal for a Directive on transfer pricing (the “TP Directive”).

29/09/23

Cross-border business tax - EU Commission proposes BEFIT, Transfer Pricing and Hot Directives

Corporate taxpayers with cross-border operations in the eu are expected to be significantly impacted by the proposed befit, transfer pricing and hot d…

19/09/23

The EU Transfer Pricing Directive: the Commission looks to harmonise TP across the EU

The European Commission has proposed for a council directive on transfer pricing (the TP Directive) to harmonise key transfer pricing (TP) principles …

18/09/23

New directive on consumer credit adopted by EU Parliament

On 12 September 2023, the EU Parliament adopted the Directive on Consumer Credits (CCD II), which will repeal Directive 2008/48/EC of 23 April 2008 on…

15/09/23

Directive Proposal on BEFIT: A real necessity or just another layer of useless complexity?

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

07/09/23

Belgium clarifies VAT treatment of company cars provided to Belgian employees

Following the CJEU’s decision in QM (case C-288/19), the Belgian VAT authorities have issued Circular 2023/C/72 dated 1 September 2023.

05/09/23

Contemplated new framework to modernise payment services

On 28 June 2023, the European Commission published a Proposal for a Directive on payment services and electronic money services in the internal market…

09/08/23

Luxembourg court emphasizes need to justify and document economic reasons to use alphabet shares

On 14 June 2023, the lower administrative court rendered a new decision (case n° 45759) once again dealing with the tax treatment applicable to the re…