News & Articles

10/07/23

Towards more equal treatment of cross-border workers

From 1 January 2024, German tax residents employed by a business located in Luxembourg (and vice versa) will be able to work remotely for 34 days per …

07/07/23

The future of pre-pack sales in Luxembourg

On 7 December 2022, the EU Commission issued a proposal for a directive harmonising certain aspects of insolvency law (the Draft Directive). One key a…

06/07/23

Luxembourg Labour Code: Introduction of the Right to Disconnect

On 13 June 2023, the Luxembourg Chamber of Deputies adopted the bill amending the Luxembourg Labor Code with a view to introducing a provision relatin…

03/07/23

New Court decision on share class redemptions: A clear(er) path to redemption?

On 14 June 2023, the Lower Administrative Court (Tribunal administratif) took a decision (docket n°45759) on the Luxembourg tax treatment of the repur…

30/06/23

New law on non-profit organisations and foundations

The Law aims to simplify and modernise the legal framework created by the century-old law of 21 April 1928, by replacing its outdated provisions.

26/06/23

Clarifications on the reverse hybrid rules by the Luxembourg Tax Authorities

23/06/23

The right to disconnect: coming imminently

Employers will have to put in place specific arrangements to protect employees’ right to disconnect, or face financial penalties.

23/06/23

European Commission releases FASTER Directive Proposal

On 19 June 2023, the European Commission published the Proposal for a Council Directive on Faster and Safer Relief of Excess Withholding Taxes (hereaf…

22/06/23

Proposal for Council Directive on Faster and Safer Relief of Excess Withholding Taxes

On 19 June 2023, the European Commission published a proposal for a Council Directive on Faster and Safer Relief of Excess Withholding Taxes (“FASTER …

21/06/23

New circular and FAQ published by the Luxembourg tax authorities on reverse hybrid rules and reporting

On 9 June 2023, the Luxembourg tax authorities (the “LTA”) published the long-awaited circular (L.I.R. n° 168quater/1) (the “Circular”) providing clar…

20/06/23

New FDI screening law in Luxembourg: what non-EEA investors need to know before investing in a critical sector…

16/06/23

New Commission’s proposal on the EU Retail Investment Strategy

“Only 38% of consumers are confident that the investment advice they receive from financial intermediaries is primarily in their best interest”, a rec…

16/06/23

Luxembourg tax authorities clarify tax compliance for reverse hybrid entities

On 9 June 2023, the Luxembourg tax authorities issued a Circular on reverse hybrids within the meaning of article 168quater of the income tax law (“IT…

15/06/23

Luxembourg adopts national filtering mechanism for foreign direct investments likely to undermine security or …

On 13 June 2023, the Luxembourg Parliament voted the law establishing a mechanism for the national screening of foreign direct investments likely to u…

15/06/23

ESG in the banking and insurance sectors: ESA progress reports on greenwashing

On 1 June 2023, each of the ESAs published a progress report on green washing in the financial sector.

14/06/23

Luxembourg tax authorities issue initial administrative guidance on reverse hybrid rules

On 9 June 2023, the Luxembourg tax authorities have issued a first circular (No 168quater/1) on the application of the so-called reverse hybrid rules.…

09/06/23

Pay transparency: get ready!

From 7 June 2026, employers in Luxembourg must significantly increase their transparency about the remuneration of men and women.

08/06/23

ESAs put forward common understanding of greenwashing

As part of its aspiration that supervisors play an essential role in identifying, preventing, investigating, sanctioning, and remediating greenwashing…

07/06/23

Luxembourg VAT authorities clarify VAT treatment of company cars

The newly published circular clarifies the vat treatment set out in circular n°807, which was published shortly after the cjeu’s decision

06/06/23

Fraudulent transfer: the payment services law protects the banker of the payee

The decision of the Court of Appeal of 7 March 2023 (now res judicata) is worth highlighting in relation to the issue of the liability of the banker, …