Actualités et articles

09/01/25

New Luxembourg bill designates national authorities under the AI act: the CNPD takes centre stage

On 23 December 2024, the Luxembourg government submitted bill of law n°8476. This Bill is a pivotal step in aligning Luxembourg’s legal framework with…

06/01/25

Global minimum taxation (Pillar 2) in Luxembourg: implementation of 2023 & 2024 OECD guidance into domesti…

On 19 December 2024, the Luxembourg Parliament adopted bill of law 8396 and its amendments incorporating the OECD’s Pillar 2 Administrative Guidance i…

20/12/24

Key modifications to Luxembourg RBE and RCS Laws

On 19 December 2024, the Luxembourg Parliament adopted bill of law 7961 (Law), amending the law of 13 January 2019 establishing a register of benefici…

18/12/24

EU adopts FASTER directive: a milestone for streamlining withholding tax relief

On 10 December 2024, the Council of the EU formally adopted the Faster and Safer Tax Relief of Excess Withholding Taxes (FASTER) directive. The text h…

17/12/24

Part II: The Listing Act - Key Updates to MAR

On 8 October 2024, the European Council adopted the Listing Act, a significant legislative package designed to make EU capital markets more attractive…

13/12/24

Deadline confirmed for reporting DORA’s ICT register

As the date of application for the Digital Operation Resilience Act (DORA) is fast approaching, it is crucial that financial entities make sure they a…

12/12/24

Upcoming changes to Luxembourg’s minimum wage

The Luxembourg Parliament (Chambre des Députés) unanimously adopted[1] Bill 8459 amending the Labor Code on 12 December 2024. It will enter into force…

10/12/24

The FASTER Directive introducing new rules for withholding tax procedures formally approved at today’s ECOFIN …

Today, the European and Financial Affairs Council (“ECOFIN”) approved Directive on Faster and Safer Relief of Excess Withholding Taxes (hereafter “FAS…

10/12/24

Part I: The Listing Act - Key Updates to the Prospectus Regulation

On 8 October 2024, the European Council adopted the Listing Act, a significant legislative package designed to make EU capital markets more attractive…

06/12/24

The European Court of Justice rules on the validity of DAC6

On 29 July 2024, the Court of Justice of the European Union (“CJEU”) issued a judgment upholding various provisions of the Council Directive (EU) 2018…

04/12/24

DORA’s entry into force is fast approaching : have you updated your it contracts?

Regulation (eu) 2022/2554 of the european parliament and of the council of 14 december 2022 on digital operational resilience for the financial sector…

03/12/24

Luxembourg District Court applies CJEU decision on VAT and directors’ fees

On 22 November 2024, the Luxembourg District Court ruled that directors’ fees are not subject to VAT, applying the CJEU’s decision of 21 December 2023…

03/12/24

State of play of different proposals at EU level (Unshell, TP, HOT, FASTER, DAC9, etc.)

In June 2024, the EU Council approved a report to the European Council on tax issues. The report provides an overview of the progress achieved in the …

02/12/24

Bill of law amending the Payment Services Law and implementing the ICTr Regulation

On 20 November 2024, Bill of Law No 8460 (the “Bill”) was submitted to the Parliament of the Grand Duchy of Luxembourg (“Luxembourg”). The purpose of …

29/11/24

New circular on the tax consequences of a dissolution without liquidation

On 19 July 2024, the Luxembourg tax authorities (“LTA”) released a new circular LIR n°170/1, 170bis/1, ICC n°44, Fort. N°5 (“the Circular”) which deal…

25/11/24

Transmission des procédures pénales : vers une lutte plus efficace contre la criminalité transfrontière

Le règlement relatif à la transmission des procédures pénales [1] (ci-après le « Règlement ») vise « à favoriser une bonne administration de la justic…

22/11/24

DORA's Balance: Smart Compliance for Investment Firms, Assets Managers and their Funds

he Digital Operational Resilience Act (DORA) is enforceable from 17 January 2025. It introduces new legal obligations for EU financial entities to man…

15/11/24

Nouvelle directive européenne sur le travail fourni par l’intermédiaire d’une plateforme numérique

Une nouvelle directive européenne 2024/2831 [1](la « Directive ») visant à réglementer le travail via plateforme numérique, un secteur en pleine expan…

12/11/24

CSRD reporting - between challenges and opportunities

12/11/24

EIOPA recommends introducing supplementary capital charges for fossil fuel-related stocks and bonds

On 7 November 2024, EIOPA issued its Report on the Prudential Treatment of Sustainability Risks, which assesses the potential for a dedicated prudenti…