News & Articles

13/07/23

Bill introducing new reporting obligations for PSPs

On 5 May 2023, the government submitted to the Luxembourg Parliament Bill 8207 to implement Council Directive (EU) 2020/284 amending the VAT Directive…

13/07/23

Merger control update

At EU level, the EU Commission has published rules and guidance to further reduce the administrative burden for parties with respect to the merger con…

12/07/23

EU Commission adopts new adequacy decision for the EU-US Data Protection Framework

After years of negotiations between the eu and the us, the eu commission concluded that the us offers an adequate level of protection for personal dat…

12/07/23

GDPR – New data transfer adequacy decision for the transfer of data between the United States and EU in force …

Following the invalidation of the Privacy Shield adequacy decision by the Court of Justice of the European Union on 16 July 2020 (see our article here…

12/07/23

Luxembourg special legislation on recreational cannabis

Luxembourg has adopted a new framework regarding recreational cannabis by way of a law which has been voted on 28 June 2023 (the “Law”).

11/07/23

Some useful clarifications on right of access under GDPR

The year 2023 has seen a number of clarifications with respect to the right of access under the GDPR:

11/07/23

A new law for companies introducing the use of digital tools and processes

On 15 June 2023 has been adopted a new law amending notably the law of 10 August 1915 concerning commercial companies, with a view to transposing Dire…

10/07/23

Promotions at Elvinger Hoss Prussen: 6 new partners and 7 new counsel

The partners of Elvinger Hoss Prussen are delighted to announce the promotion of new partners and counsel.

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…

03/07/23

DLA Piper Luxembourg announces promotion of four new counsels and two new senior associates

DLA Piper Luxembourg is delighted to announce the promotion of six individuals within the firm.

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

A new Senior Counsel in BSP Tax department : Ali Ganfoud joins the team

BSP is pleased to announce the arrival as of 1st June of Senior Counsel Ali Ganfoud. Ali has joined BSP’s Tax department as Knowledge Manager.

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…