DTA 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,
See MoreCGT Provisions in DTA has been amended by Luxembourg & France
Capital gains tax provisions on real estate have been amended by Luxembourg & France and this is for a fourth time has revised their double tax agreement. The Protocol was signed on September 5, 2014, by Michel Sapin, France's Minister of
See MoreCzech Republic-Luxembourg ICTT enters into force
The Income and Capital Tax Treaty (ICTT) between Czech Republic and Luxembourg has entered into force on July 31, 2014 and it will apply from January 1,
See MoreEstonia- New Double Tax Treaty with Luxembourg
Estonia and Luxembourg signed a double tax treaty on 7 July 2014. According to the new agreement reduced rates would be provided for dividends, interest and royalties. The agreement will enter into force after completing internal ratification
See MoreCzech Republic ratified the DTA with Luxembourg
The Czech Republic has ratified the Income and Capital Tax Treaty between Czech Republic and Luxembourg on June 5, 2014. Once in force and effective, this new treaty will generally replace the prior Czechoslovakia - Luxembourg Income and Capital
See MoreLuxemburg: Tax circular governing the functional currency regime
A tax circular letter containing framework of rules governing the functional currency regime (FRC) was issued by the Luxemburg Tax Authorities on 16 June 2014. It will apply to corporations that expresses in a currency other than Euro and maintain
See MoreLuxemburg: Corporate exit tax rules has been revised and effective from 8 June 2014
Exit tax provisions for corporate entities has been amended by the Luxembourg Parliament on May 13, 2014 and approved by the law bill 6556. The law will not be compliant with European Union (EU) law. The amendment gives rise an option for a taxpayer
See MoreLuxembourg: Rules Out Top Tax Rate Rise
The Luxembourg government is planning to raise more revenue in the next few years by putting together a package that will include some tax rises. The Finance Minister has recently clarified however that the highest rate of income tax is not to be
See MoreLuxembourg: Adopts 2014 Budget
Luxembourg’s 2014 Budget has been adopted by the Chamber of Deputies. The debate in parliament was concerned with the Luxembourg Government’s intention to raise taxes with effect from 2015. The government also intends to increase three of the
See MoreLuxembourg: Challenges european commission on Tax Information Injunctions
Luxembourg is to challenge the European Commission in the Court over tax rules that are alleged by the Commission to benefit only specific types of entity. These provisions may be contrary to the state aid provisions in the European Union. The
See More