Whilst the newly created Register of beneficial owners of companies and other legal entities has recently been implemented in Luxembourg by the law dated 13 January 2019, the bill establishing a Register of fiduciary contracts and trusts (the ‘Register’) is still following its legislative path
The growth of investment products pursuing of environmental, social and governance (ESG) objectives is well documented, and it is estimated that funds with an ESG component now amount to approximately one quarter of assets managed globally
The world of alternative investment funds was not the primary target of the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) norms.
On 24 September 2019, the General Court upheld the Commission’s decision that Fiat had received unlawful State aid from Luxembourg, and at the same time annulled the decision which had found the same with respect to Starbucks in the Netherlands. Even though leading to different outcomes, these judgments support the Commission in its scrutiny of advance tax rulings on transfer pricing, explicitly confirming the possibility for the Commission to verify the arm’s length nature of transactions between related parties.
On 14 October 2019, the finance minister presented a bill on the 2020 budget (the “Bill”). The Bill includes inter alia tax provisions, one of which concerns tax rulings.
On 15 July 2019, the CSSF published two press releases (19/331 and 19/342 ) directed at (i) UK firms and (ii) UCITS management companies and AIFMs3 , clarifying the actions to be taken by UK entities in anticipation of a hard Brexit
Issu de la loi du 3 février 2018 entrée en vigueur le 1er mars de la même année (la « Loi de 2018 »), le nouveau régime applicable aux baux commerciaux est un indispensable à maîtriser pour tous les acteurs du marché locatif luxembourgeois.
Following the extension of the delay within which the United Kingdom (“UK”) is to leave the European Union (“EU”), the Commission de Surveillance du Secteur Financier (the “CSSF”) has published a press release on 6 November 2019
The draft 2020 Luxembourg budget includes a proposal limiting the validity of advanced tax agreements issued before 1 January 2015.
Par requête déposée au greffe de la Cour d’appel à la date du 19 juillet 2018, A.) a relevé appel de l’ordonnance précitée et il demande à voir dire que c’est à tort que le Président du tribunal du travail a rejeté ses demandes
