On 18 December 2018, the Luxembourg Parliament passed draft law No 7318 (the Law) implementing the EU Anti-Tax Avoidance Directive (ATAD), which sets out limitation to interest deductibility, the provisions on controlled foreign companies ( CFC) and hybrid mismatches (i.e. hybrid instruments or entities allowing for double non-taxation) rules between EU Member States.
The law was introduced in the Parliament on 20 June 2018 and expected to be published before the end of December.
Related Posts
On 25 March 2024, the Luxembourg Administration of Direct Tax (ACD) released Frequently Asked Questions (FAQs) on the Global Minimum Tax - Pillar 2. The FAQs are related to the enforcement of the Law of 22 December 2023 relating to effective minimum
Read More On 31 January 2024, the Luxembourg government announced a series of tax measures to revive the construction and housing sector and facilitate access to housing while addressing the cyclical and structural housing problems. The measures also provide
Read More
On 19 January 2024, the Luxembourg Administration of Direct Tax (Administration des Contributions Directes - ACD) in a newsletter declared the launch of the pre-validation environment and the submission procedure for DAC7 declarations via MyGuichet.
Read More On 9 January 2024, the Luxembourg Administration of Direct Tax (Administration des Contributions Directes) released a newsletter regarding the municipal rate multipliers (coefficients) for the 2024 tax year. These coefficients were initially
Read More On 5 January 2024, the Luxembourg Administration of Direct Tax released a newsletter in relation to the income tax changes for the 2024 tax year. The newsletter includes the Law of 22 December 2023 on amendments to the Income Tax Law, submitted to
Read More On 27 December 2023, the Luxembourg Directorate of Registration, Domains, and VAT issued Circular No. 812-1 of 27 December 2023, which declared the end of the temporary reduction in VAT rates as mandated by the Law of 26 October 2022. As
Read More
