Newsletters & Newsflashes

Key takeaways On 14 February 2025, the Court of Justice of the European Union (“ ECJ”) handed down a reasoned order in case C-270/24, Granulines Invest Kft, regarding the right to deduct input value added tax (“ VAT”) for invoice incorrectness pertaining to the supply of goods. Facts of the case The

On 12 February 2025, Draft Law No. 8498 (" Draft Law") was submitted to the Luxembourg Parliament ( Chambre des Députés ). The Draft Law aims to implement Regulation (EU) 2024/791 (the " MiFIR Amending Regulation") and transpose into Luxembourg law: Directive (EU) 2024/790 (the " MiFID II Amending

The Luxembourg Stock Exchange (“ LuxSE”) has recently published two sets of updates to its Rules & Regulations (“ R&R”) January 2025 Update – aligning with the Listing Act On 9 January 2025, LuxSE published revised R&R to reflect recent amendments to the Prospectus Regulation introduced by the EU

The law of 22 May 2024 provided for several short term tax measures (applicable for fiscal year 2024) in favour of the Luxembourg real estate market as well as long term tax measures applicable as from 2025 (see our previous newsflash ). To support the ongoing recovery of the real estate sector, the

On 3 April 2025, the European Court of Justice (“ ECJ”) delivered a decision ( C‑228/24 ) providing clarifications on the interpretation of the anti-abuse provision included in the parent-subsidiary directive. The decision recalls the broad character of the rule, not limited to identifying conduit

On 4 April 2025, Draft Law No. 8526 was submited to the Luxembourg Parliament ( Chambre des Députés ) and intends to introduce, as from fiscal year 2026, a tax credit for private individuals investing in Luxembourg startups amounting to 20% of their equity investment. The measure is designed to ease

The Administration de l’enregistrement, des domaines et de la TVA (“ AED”) in Luxembourg launched a campaign on 25 February 2025 inviting all alternative investment funds (“ AIFs”) to submit certain documentation in order to allow the AED to carry out its AML oversight obligations. Some of the

On 11 March 2025, the VAT in the Digital Age (ViDA) package has been finally adopted by the Council of the European Union and the measures will be turned out progressively until January 2035. The purpose of this package is to modernize and improve the VAT system in the EU to better align with the

Article 10 of the Business Continuation Law The law of 7 August 2023 on the preservation of businesses and the modernisation of bankruptcy law (the “ Business Continuation Law”), in Article 10, provides for the appointment of a judicial representative ( mandataires de justice ) when serious and

On 25 March 2025, the Luxembourg accounting board ( Commission des normes comptables, “ CNC”) issued a third Q&A with respect to Pillar 2 focusing on relevant accounting information to be provided in standalone and consolidated financial statements before and as of the transition year. Background

The long-awaited transposition into Luxembourg law of Directive (EU) 2022/2381 on improving the gender balance among directors of listed companies and related measures (the “ Directive”) is now on track. Draft law No. 8519 setting a quantitative target for gender balance among directors of listed