News from and about the Luxembourg legal community, articles on legal and tax topics and legal library

28/12/15

CSSF issues FAQ on UCITS eligibility and diversification rules

Earlier this week the Commission de Surveillance du Secteur Financier (“CSSF”) has put online a document titled “Frequently Asked Questions concerning…

23/12/15

European General Data Protection Regulation: 10 things You should know before the Christmas break

While some people never stopped believing that the General Data Protection Regulation ("GDPR") would one day become a reality, others had started to d…

21/12/15

New landmark CJEU case for the fund industry

On 9 December 2015, the CJEU delivered its judgement in the case “Fiscale Eenheid X NV cs” C-595/13. The CJEU has decided that the management of prope…

18/12/15

Luxembourg IP Tax Regime To Be Repealed

Bill No 6900 frx the budget for 2016, presented on 14 October 2015 by the Luxembourg Minis/er of Finance Pierre Gramegna. is about 10 be adopted. II r…

17/12/15

European Long-Term Investment Funds (ELTIF)

On December 9th 2015 Regulation (EU) 2015/760 of the European Parliament and the Council of 29 April 2015 on European long-term investment funds (the …

15/12/15

Reserved Alternative Investment Funds (RAIFs) - Draft Law deposited with the Luxembourg Parliament

On December 14th 2015 the draft law relating to the Reserved Alternative Investment Funds (the “RAIFs”) was deposited with the Luxembourg Parliam…

15/12/15

Proposal for a New Regulation Repealing the Prospectus Directive

On 30 November 2015, the European Commission published a proposal to replace the existing Prospectus Directive (Directive 2003/71/EC) with a regulatio…

11/12/15

Tax Update December 2015

The country’s 2016 state budget draft law, which is currently under discussion in the Luxembourg Parliament, includes a certain number of tax measures…

11/12/15

Tax exempt kilometric allowance

On 1 September 2015, the Luxembourg tax authorities replaced the Circular L.I.R. 104/1 of 10 March 2015 on the valuation of certain benefits…

10/12/15

Closing of a bankruptcy case for lack of assets does not end the bankruptcy operations in Luxembourg

According to the Court of Appeal, instead of entirely putting an end to bankruptcy operations, the decision to close the bankruptcy case only "suspend…

09/12/15

Application of the new procedure on exchange of information on demand

On August 13th 2015, the Luxembourg Administrative Court (tribunal administratif) (the “Court”) took the first decision in the matter of exchange of i…

08/12/15

New Transparency Requirements For Issuers Of Securities And Notifications Of Major Holdings Under Directive 20…

The CSSF has provided clarifications in relation to the provisions of Directive 2013/50/EU which introduces amendments to the Transparency Direct…

07/12/15

Omnibus bill 6847

On 5 August 2015 the bill of law 6847 (the “Bill”) introducing major corporate tax measures was submitted to the Luxembourg Parliament. This…

04/12/15

First European BitLicense granted in Luxembourg

The Minister of Finance of the Grand Duchy of Luxembourg has announced it has granted the first bitcoin licence to provide services as a regulated pay…

04/12/15

Working time Directive – Travel to place of work

Directive 2003/88/EC of the European Parliament and of the Council of November 4th 2003 concerning certain aspects of the organisation of working time…

03/12/15

Luxembourg IP Revenues Tax Regime : taxpayers eligible on 30 June 2016 continue to benefit until 30 June 2021

The Luxembourg so-called 50bis Regime reduces the effective tax rate applicable to income from registered intellectual property and copyright protecte…

03/12/15

Common reporting standard

On 14 August 2015, bill of law 6858 (the “Bill”) concerning the automatic exchange of financial account information in the field of taxation…

02/12/15

Les Garanties Légales En Matière De Vente Immobilière

L’acquisition d’un bien immobilier représente souvent l’investissement le plus important d’une vie, car son financement nécessite la plupart du temps …

02/12/15

Confirmation of the established case law in the matter of abuse of law

On July 15th 2015, the Administrative Court took a decision on the application of the concept of the abuse of law to transactions performed by a Luxem…

01/12/15

Reserved alternative investment funds (RAIFs) – a new type of AIF

The Luxembourg government approved the draft bill on a new type of AIF, the reserved alternative investment fund ("RAIF"). It’s a new type of Luxembou…

19/10/26

19/10/26

EU fund managers – GP representation clause: preserving the Luxembourg fund’s footprint while e…

19/10/26

19/10/26

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

16/10/26

16/10/26

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

20/10/26

Revised ESRS and Voluntary Sustainability Reporting Standard…

14/10/26

AIF distribution agreements: making oversight work in practi…

More News & Articles

28/12/15

CSSF issues FAQ on UCITS eligibility and diversification rules

23/12/15

European General Data Protection Regulation: 10 things You should know before the Christmas break

21/12/15

New landmark CJEU case for the fund industry

18/12/15

Luxembourg IP Tax Regime To Be Repealed

17/12/15

European Long-Term Investment Funds (ELTIF)

15/12/15

Reserved Alternative Investment Funds (RAIFs) - Draft Law deposited with the Luxembourg Parliament

15/12/15

Proposal for a New Regulation Repealing the Prospectus Directive

11/12/15

Tax Update December 2015

11/12/15

Tax exempt kilometric allowance

10/12/15

Closing of a bankruptcy case for lack of assets does not end the bankruptcy operations in Luxembourg

09/12/15

Application of the new procedure on exchange of information on demand

08/12/15

New Transparency Requirements For Issuers Of Securities And Notifications Of Major Holdings Under Directive 20…

07/12/15

Omnibus bill 6847

04/12/15

First European BitLicense granted in Luxembourg

04/12/15

Working time Directive – Travel to place of work

03/12/15

Luxembourg IP Revenues Tax Regime : taxpayers eligible on 30 June 2016 continue to benefit until 30 June 2021

03/12/15

Common reporting standard

02/12/15

Les Garanties Légales En Matière De Vente Immobilière

02/12/15

Confirmation of the established case law in the matter of abuse of law

01/12/15

Reserved alternative investment funds (RAIFs) – a new type of AIF

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