The enactment on 30 May 2018 of EU Directive 2018/843 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (the “5th AML Directive”) (AML 5 – key aspects and changes) has prompted the Luxembourg government to accelerate the final implementation process
Luxembourg corporate taxpayers can, upon request and under certain conditions, benefit from a reduction of the Luxembourg net wealth tax (NWT). One of the conditions to benefit from the NWT reduction is the allocation of an amount corresponding to five times the NWT
Professionals subject to the law of 12 November 2004 relating to the fight against money laundering and terrorist financing, as amended (the AML Law) (the Professionals) should be aware of a few changes introduced by the law of 10 August 2018 reforming, among others, the organisation of the Luxembourg Financial Intelligence Unit (Cellule de Renseignement Financier, the FIU).
Since 12 January 2018, the Luxembourg Stock Exchange (LuxSE) has allowed the admission of securities, as defined by the LuxSE rulebook (the Rulebook), to its official list without admitting them to trading.
La Cour constate qu’il résulte de l’avenant au contrat de travail du 14 juin 2010 que si jusqu’à cette date, A était employé « à raison de 16h/semaine, de 1h00 à 4h00 du lundi au jeudi, de 1h00 à 3h30 le vendredi et de 1h00 à 3h00 un samedi sur deux et un dimanche sur quatre
Luxembourg and France have started the ratification process of the new double tax treaty (“DTT”)they signed on 20March 2018. For the new DTT to become applicable as from 2019, the two ratification procedures would need to be finalised and the instruments of ratification exchanged before the end of 2018.
The law of 10 August 2018[1] has transposed the Directive (EU) 2016/97 of the European Parliament and of the Council of the European Union of 20 January 2016 on insurance distribution (the “IDD Directive”) into Luxembourg law.
On 8 November 2018, the Court of Justice of the European Union (“CJEU”) released its decision in the C&D Foods Acquisition ApS case (C-502/17) concerning the deduction of input VAT on consultancy costs incurred by a holding company in connection with a sale of a sub-subsidiary’s shares.
Today, the Court of Justice of the European Union ("CJEU") decided that the taste of a food product is not eligible for copyright protection.
L’article L.121-2 du Code du travail pose le principe général, selon lequel le recours au contrat à durée indéterminée est le principe en droit du travail, de sorte que le recours au contrat à durée déterminée constitue l’exception.
