Newsflashes

Pursuant to Article 137, paragraph 5a of the amended law of 4 December 1967 on income tax (the “ LITL”), and by way of derogation from the normal taxation system, remuneration paid by temporary employment contractors under an assignment contract to temporary employees whose agreed gross hourly wage

On 27 February 2025, the Court of Justice of the European Union (CJEU) handed down a decision on the procedural rights of administrators which may be held jointly and severally liable for the VAT debts of the companies they administer. As a reminder, many Member States including Luxembourg provide

Amendments to MiFID II and MiFIR Further to the entry into force of Regulation (EU) 2024/2809 (the " Listing Act Regulation"), Article 25 of MiFIR has been amended. Article 25 deals with the obligations on the operators of a trading venue to keep at the disposal of the competent authority, for at

The law of 4 April 2025 on credit instant payments entered into force on the 11 April 2025. It implements the Regulation (EU) 2024/886 as regards instant credit transfers in euro (the “ ICT Regulation”) which aims at making instant payments fully available in euro to consumers and businesses across

Starting April 2025, the CSSF has introduced a new e-Identification system to replace the current VISA procedure for fund prospectuses, including UCITS, Part II UCIs, SICARs, and SIFs. The key changes include: each prospectus will receive a unique identification number and an e-Identification date

On 26 February 2025, the Luxembourg Direct Tax Authorities issued a new Circular L.I.R. No. 154 ter/1, replacing Circular L.I.R. No. 154 ter/1 dated 24 May 2023, on single-parent tax credit (" CIM") provided for in Article 154 ter of the Luxembourg income tax law (“ LITL”). As from the 2025 tax year