Newsflashes

Aims of the Draft Law The parliamentary process leading to the introduction of a new law on business concentrations (Draft Law No. 8296) (the “ Draft Concentration Control Law”) was started on 23 August 2023. Luxembourg is the only EU member state that does not have a national law on the control on

On 14 June 2023, the Luxembourg Lower Tribunal handed down a judgment regarding the tax treatment of the repurchase of a class of shares and the application of the general prohibition of abuse in tax law. In the case at hand, the tax administration challenged the tax treatment of the repurchase of

The law of 7 August 2023 amending i) the Labour Code, ii) the law of 29 August 2008 on the free movement of persons and immigration (the " Immigration Law") and iii) the law of 18 December 2015 on the reception of applicants for international protection and temporary protection has been published in

Two new Luxembourg laws of 29 July 2023 and 15 August 2023, which together transpose into national law Directive 2019/1158 of 20 June 2019 on work-life balance for parents and carers (the “ Laws”) have finally been published in the Luxembourg Official Gazette ( Journal Officiel). They entered into

On 3 August 2023, the CSSF published a Thematic Review on the implementation of sustainability-related provisions in the investment fund industry (the “ Thematic Review”). The objective of the Thematic Review is to inform the industry about the main observations that the CSSF has made in the context

In a judgment dated 25 April 2023 (docket n° 47680C), the Luxembourg Higher Administrative Court ( Cour administrative ) (the “ Court”) handed down a decision concerning the deductibility of travel expenses incurred by a taxpayer when commuting from her home to her work place(s). The decision is of