Newsflashes

On 7 February 2023, draft law No. 8147 amending Article 211-4 of the Labour Code (hereinafter the “ Draft Law”) has been submitted to the Luxembourg Parliament ( Chambre des Députés). The Draft Law aims at prohibiting the practice of so-called "zero-hour contracts”. Zero-hour contracts are defined

By an order of 13 January 2023, the President of the Lower Administrative Court ( Tribunal administratif) granted a request for a stay of execution on net wealth tax assessments. The case concerned a Luxembourg company which held a participation in a Swiss company. On the basis of the tax treaty

In March 2022, the government and social partners of Luxembourg met and reached an agreement which aimed at mitigating the negative impact of the energy crisis on both the economy and households. Because of the market’s volatility, this agreement already planned that a new meeting of the Tripartite

Watch the video with Alain Steichen and Pol Mellina: Transmission within the family: civil law and tax aspects The transmission of a business within the family generally occurs without the children having to pay their parents for being able to continue the family business. This is the main

Background On 15 February 2023, the CSSF started the annual online survey for the year 2022 (the “Survey”). The Survey remains mostly unchanged compared to previous years. However, some questions have been removed, added or amended. Purpose The purpose of the Survey remains the same and consists in

What is ESG and why is it a hot topic? ESG stands for environmental, social, and governance ( ESG) considerations. These are the criteria used to establish how sustainable a company’s business model is. ESG is now in the spotlight as a result of a shift in societal norms towards increased protection