Newsflashes

Background On 27 June 2025, the new circular Circular CSSF 25/894 – Information to be submitted to the CSSF in relation to investment funds non-authorised by the CSSF (the “ Circular”) entered into force . The Circular focuses on transparency, risk assessment, and oversight of investment funds that

On 30 June 2025, the government issued a Grand-Ducal Regulation aiming at amending the existing Grand-Ducal Regulation of 19 November 1999 implementing Article 106, paragraphs 3 and 4 of the Luxembourg income tax law (“ LITL”), which provides the depreciation regime and rates applicable to rental

Key takeaways On 23 May 2025, the Luxembourg Lower Administrative Court ( Tribunal administratif ), in its judgment (no. 49212), overturned a unitary value (“ UV”) tax assessment that had denied the net wealth tax exemption provided under § 60 of the Valuation Law ( Bewertungsgesetz , “ BewG”) for a

During the ECOFIN meeting of 20 June 2025, the EU Council approved its bi-annual report on the evolution of tax initiatives and officialised the discontinuation of its work on the Unshell Proposal. Background On 22 December 2021, the European Commission released a legislative proposal for a Council

On 28 May 2025, the European Commission adopted its EU Startup and Scaleup Strategy (the " Strategy") - a coordinated EU-level framework designed to support the creation, growth and internationalisation of innovative startups and scaleups. The Strategy sets out 26 legislative, regulatory and

On 28 June 2025, the G7 issued a “ statement on global minimum taxes” sharing a common understanding on the co-existence of Pillar 2 and US minimum tax rules. In practice, US parented groups would be excluded from the Income Inclusion Rule and the Undertaxed Profits Rules. This comes with the