Newsflashes

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

The Working Group on Tax Conventions and Related Questions (the “ Working Group”) of the Organisation for Economic Co-operation and Development (the “ OECD”), the subsidiary body of the OECD Committee on Fiscal Affairs in charge of the Model Tax Convention, has recently undertaken work to amend the