The 2019 tax reform implements the EU Anti-Tax Avoidance Directive (“ATAD”) and other Base Erosion and Profit Shifting (“BEPS”) related measures into Luxembourg tax law, including an amendment of the permanent establishment (“PE”) definition.
The 4th EU AML Directive1, as amended by the 5th EU AML Directive 2, requires each Member State of the EU inter alia to establish registers of beneficial owners (“RBO”) in respect of corporate and other legal entities incorporated within its territory.
As we mentioned in our January and March newsletters, Luxembourg has implemented a so-called Register of Beneficial Owners (“RBO”), which went into effect 1 March 2019.
On 25 January 2019, Bill No 7402 (the "Bill") implementing Directive (EU) 2017/828 as regards the encouragement of long-term shareholder engagement (the Shareholder Rights Directive II or SRD II) was introduced.
NautaDutilh Avocats Luxembourg is an exclusive contributor to The Legal 500 Corporate Governance 1st Edition Country Comparative Guide.
?Elvinger Hoss Prussen publishes an enhanced[1] version of the regulations governing the RBO, comprising the original French version of the Luxembourg Law of 13 January 2019 creating a Register of beneficial owners (the “RBO Law”)
The Grand-Ducal Regulation of 15 February 2019 on the registration, payment of administrative fees and access to information recorded in the register of beneficial owners (the “RBE Regulation”) entered into force on 1 March 2019
The law dated 13 January 2019, on the Register of Beneficial Owners (the “Law”), entered into force on 1 March 2019. The Luxembourg regulation of 15 February 2019 and the circular LBR (Luxembourg Business Registers) 19/01 of 25 February 2019 bring some answers to the questions the implementation of the Law raised.
On 26 February 2019, the Court of Justice of the European Union (“CJEU”) issued its decisions in six cases which deal with the interpretation of the Parent-Subsidiary Directive (“PSD”) and the Interest & Royalties Directive (“IRD”, together the “Directives”).
Dans nos précédents cahiers de MNKS (qui deviennent désormais les cahiers de PwC Legal) consacrés aux conventions d’actionnaires[1], nous avons brièvement présenté les principales clauses destinées à restreindre la cessibilité des titres d’une société,
