Newsflashes

Private equity investments channelled via Luxembourg investment vehicles (“ Luxco”) typically generate tax-exempt income (dividends, capital gains) to the investors and are generally funded by way of debt, for example taking the form of convertible preferred equity certificates (“ CPECs”) or

The Luxembourg Income Tax Code assesses Luxembourg taxpayers differently, depending upon whether they realise business income or income from private financial wealth management. In case of business income, any capital gain will be taxable, as a matter of principle, contrary to capital gains realized

The law of February 13 th 2018 (“ AMLD Law”) which entered into force on February 18 th 2018 has now implemented most of the outstanding provisions of the 4 th Anti-Money Laundering Directive (“ 4th AML Directive”) into Luxembourg Law. This law introduces amendments to the Luxembourg Law of November

WHAT? By definition, a cryptocurrency or virtual currency ( VC) is a digital or virtual representation of value using cryptography to secure its transactions. Contrarily to centralised electronic money and traditional/fiat currencies ( central banking system), cryptocurrencies use decentralized

This newsletter is intended as a general discussion of the following topics: Banking & Finance, Capital Markets, Corporate, Investment Funds and Tax. If you would like to know more about the topics covered in this newsletter or our services please contact us. AML Beneficial Ownership Registers |

On December 8 th 2017, the Luxembourg tax authorities issued the new circular L.G.-A. No. 61 (replacing the previous Circular dated February 12 th 2015, please see our previous newsletter dated March 2 nd 2015) which aims to cover the procedure applicable to the request of tax residency certificates