Newsflashes

EXTENSION While the coronavirus pandemic situation continues to have an impact on the sound governance of companies and other legal entities, the Luxembourg legislator decided to extend the possibility for the companies to hold their general meetings and other necessary meetings without physical

As elaborated in our BSP Sustainable Finance Insights Series 6, on 8 June 2020, the European Commission published a set of draft delegated acts concerning the integration of sustainability factors under various legislative acts, including the Directive 2014/65/EU on markets in financial instruments

Following two preliminary references from Austrian courts, the European Court of Justice (“ ECJ”) ruled in a judgment handed down on 17 June 2021 that certain tax services and the granting of a license for risk-management software may fall within the VAT exemption for the management of special

Introduction On 5 June 2021, the G7 had a summit in London during which the Finance Ministers agreed on the implementation of a global corporate minimum tax of 15% (the “ global minimum tax rate”) as detailed in a Communiqué released shortly thereafter (the “ G7 Communiqué”). Although the

On 4 June 2021, the Director of the Luxembourg tax authorities issued circular LIR No.105/2 regarding the tax treatment of certain expenses incurred by individuals (the “ Circular”). GENERAL TAX TREATMENT OF EXPENSES BORNE BY INDIVIDUALS Before entering into more details as described below, the

Le 8 juin 2021, les députés ont voté à l'unanimité en faveur du projet de loi n° 7307 (ci-après le « projet de loi ») dont la grande majorité des dispositions entrera en vigueur le 16 septembre 2021 [1]. Le projet de loi a fait l’objet d’une dispense de second vote en date du 15 juin 2021. La loi en