Actualités et articles

12/07/23

RGPD – Nouvelle décision d’adéquation pour les transferts de données entre les États-Unis et l’UE en vigueur d…

Suite à l’invalidation de la décision d’adéquation du Privacy Shield par la Cour de Justice de l’Union Européenne le 16 juillet 2020 (voir notre artic…

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

Vers un traitement plus égalitaire des travailleurs frontaliers

À compter du 1er janvier 2024, les résidents allemands employés par une entreprise située au Luxembourg (et vice-versa) pourront en principe bénéficie…

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aims to simplify and modernise the legal framework created by the century-old law of 21 April 1928, by replacing its outdated provisions.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

Le droit à la déconnexion : c’est imminent

Les employeurs vont devoir mettre en place des mesures concrètes pour garantir le respect du droit à la déconnexion sous peine de s’exposer à des sanc…

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.…