Le directeur des contributions a publié une circulaire L.G. - A n° 63 en date du 15 septembre 2017 (ci-après la « Circulaire ») portant sur les obligations comptables en matière de droit fiscal.
On 14 July 2016, the Luxembourg Parliament adopted a bill to implement (i) Directive 2014/56/EU on statutory audits (audits of annual accounts or consolidated accounts) (the “Directive”) and (ii) certain provisions of EU Regulation 537/2014 on the specific requirements applicable to the statutory audit of public-interest entities (the “Regulation”).
Luxembourg has now adopted the law implementing Directive 2014/95 amending the Accounting Directive (Directive 2013/34/EU) which requires certain large companies and groups to disclose non-financial and diversity information.
The main aim of the text is to increase EU companies’ transparency and performance in respect of environmental and social matters.
The Luxembourg Accounting Standards Board (CNC) recently published a general notice (CNC 01/2014) in which it stated its opinion regarding the possibility for a Luxembourg company which prepares its accounts under Lux GAAP to adopt a floating financial year(1) (such a practice is already explicitly authorized for IFRS).
