Newsflashes

On 10 September 2024, the ECJ ruled in favour of the EU Commission in case C-465/20 P, European Commission v Ireland and Apple Sales International relating to State aid granted by Ireland to Apple. Contrary to other State aid decisions involving transfer pricing, the ECJ accepted OECD transfer

The legal framework for non-profit associations (ASBL) and foundations in Luxembourg is undergoing significant changes in 2024 with the introduction of three new legislative texts: Draft Law n°8420 aims to simplify administrative procedures, including the abolishment of the homologation procedure

The Markets in Crypto-Assets Regulation (" MiCAR") continues to evolve, reflecting the European Union's efforts to provide a comprehensive regulatory framework for crypto-assets. This article reviews the latest developments from the European Securities and Markets Authority (" ESMA") and the

Key takeaways In a decision ( no. 50199C ), dated 17 July 2024 the Higher Administrative Court ( Cour administrative ) upheld a decision by the Director of the Luxembourg tax authorities (“ LTA”), who in a specific case denied the valuation of convertible bonds issued by a Luxembourg tax-resident

On 27 September 2024, the Luxembourg tax authorities issued Circular n° 115/14 clarifying certain aspects of the partially tax-exempt rent subsidy which has been introduced by the law of 22 May 2024 and applicable since 1 st June 2024 ( see our previous newsflash). Background The rent subsidy

The Draft Law No. 8419 to modify the administrative procedures on the registration in the Grand Duchy of Luxembourg (“ Luxembourg”) of ships and real rights thereon (the “ Draft Law”) has been submitted to the Luxembourg Parliament ( Chambre des Députés) on 23 July 2024. The main purpose of the