Luxembourg: Proposed Corporate Tax Changes For 2015-2016
Recent amendments was made to the EU Parent-Subsidiary Directive into Luxembourg tax law and published on 5 August 2015. It has already been submitted to the Luxembourg Parliament. The measures include the provisions to modify the domestic
See MoreIncome Tax Treaty Signed between Luxembourg and Brunei
Luxembourg and Brunei have signed an Income Tax Treaty on 14 July 2015. The purpose of the agreement between the two countries is to enable the tax administrations to eliminate double taxation and prevention of fiscal
See MoreLuxembourg: IMF comments on economic and fiscal policy
The International Monetary Fund (IMF) has held consultations with Luxembourg under Article IV of its articles of agreement and issued a press release on 13 May 2015. Economic growth in Luxembourg was close to 3% in 2014 partly owing to buoyant
See MoreProtocol to DTA between Ireland and Luxembourg approved by Luxembourg
On 2 April 2015, the Council of Ministers of Luxembourg approved the amending protocol to the income and capital tax treaty with Ireland that signed on 27 May 2014. The protocol is submitted to parliament for final
See MoreFrance-Luxembourg protocol to treaty approved by Luxembourg
Council of Ministers of Luxembourg approved the amending protocol on 2 April, 2015 which was signed on 5 September
See MoreLuxembourg Signed an Income and Capital Tax Treaty with Uruguay
Luxembourg and Uruguay has signed an Income and Capital Tax Treaty on 10 March 2015. The treaty was signed for the avoidance of double taxation and prevention of fiscal
See MoreItaly and Luxembourg: Protocol to DTA
The Protocol to the Double Taxation Agreement (DTA) between Italy and Luxembourg came into force on January 20,
See MoreLuxembourg: Formalization of New Transfer Pricing Legislation and Documentation Requirements
The Parliament of Luxembourg has approved the draft law and has formalized the framework for Luxembourg transfer pricing legislation and introduced the transfer pricing documentation requirements. The new measures are effective from 1 January
See MoreLuxembourg: Double Taxation Treaty (DTT) Protocol With Denmark Enters Into Force
The Double Taxation Treaty (DTT) Protocol between Denmark and Luxembourg has entered into force on December 28, 2014. The notice was published in Luxembourg's Official Gazette on December 30,
See MoreDTA between Estonia & Luxembourg approved by Estonia
Estonia approved the Income and Capital Tax Treaty with Luxembourg on 8 December 2014. Once in force and effective, the new treaty will replace the tax treaty between Estonia and Luxembourg signed in 2006. Estonia and Luxembourg signed this new
See MoreLuxembourg and UAE: protocol to DTA signed
On 26th October 2014, Luxembourg and the United Arab Emirates signed a protocol to the 2005 Luxembourg and U.A.E. income tax treaty in Abu Dhabi. The protocol will broaden the possibility of the treaty and updates to bring it up to the OECD
See MoreLuxembourg-UAE signs a protocol to amend the Double Tax Agreement
The Luxembourg and the UAE have signed a protocol to amend the existing double tax agreement among them. The withholding tax rate on dividends, interest, and royalties has not been changed in the amendment. The protocol revises provisions in the
See MoreLuxembourg: Double Taxation Treaty (DTA) with Guernsey enters into force
The Double Taxation Treaty (DTA) between Luxembourg and Guernsey has entered into force on August 8,
See MoreLuxembourg: New tax measures take place for corporation and individual effective from 1 January 2015
The Parliament of Luxembourg published its bill 6720 & 6722 on 15 October 2014 regarding new tax measures for corporation and individual which will be effective from 1 January 2015. The Proposed new tax measures for 2015 are as
See MoreLuxembourg: New Transfer Pricing rules from 2015
A new transfer pricing rules will take effect in Luxembourg from the year 2015 in line with international principles and OECD Tax Model convention providing adjustments of profit provisions if transfer pricing do not reflect the Arm’s Length
See MoreCroatia – Luxembourg: DTA approved by Croatia
Croatia approved the Income and Capital Tax Treaty between Croatia and Luxembourg of 2014 on 25 September 2014 and the treaty will be delivered to the parliament for final
See MoreVAT changes from 2015 have been proposed in Luxembourg
Luxembourg VAT compliance changes have been proposed from 2015. The new measures aim to improve the VAT regime in tax free zones and elimination of potential double taxation on goods in VAT suspension released into a free zone. The supply of art and
See MoreLuxembourg-Saudi Arabia DTA entered into force
The Double Taxation Agreement (DTA) between Luxembourg and Saudi Arabia has entered into force on September 1,
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