Browse through our legal articles and books
Jun 16, 2014
Circular of the Luxembourg tax authorities on the functional currency regime
The Luxembourg tax authorities issued a new circular on June 14th 2014 (the “Circular”) setting forth the conditions to be met by Luxembourg taxpayers for the use of a currency other than
May 29, 2014
Amendments to the VAT Law – Law of May 26, 2014
On May 13th 2014, the Luxembourg Parliament adopted the law implementing article 5 of the Council Directive 2008/8/EC (the “Directive”) and amending the Luxembourg VAT law of Februar
May 28, 2014
New exit tax rules and amendment of the roll-over regime
With the law of May 26th 2014 (the “Law”), the Luxembourg legislator introduces new provisions in the Luxembourg income tax law (“LITL”) regarding exit taxation for companies l
May 26, 2014
ECJ Judgment on access to prospectuses in electronic form
It is rare that a ruling of the ECJ deals with the interpretation of the Prospectus Directive regime (composed of inter alia Directive 2003/71/EC on the prospectus to be published when securities are
May 23, 2014
FATCA: ALFI Q&A document and ABBL guidance notes
FATCA: ALFI Q&A Document Release of the first edition Following the signature of the model 1 agreement (“IGA Model 1”) between Luxembourg and the United States on March 28th 2014 (Se
May 15, 2014
VAT mini one stop shop scheme for electronically supplied services
On May 13th 2014, the Luxembourg Parliament adopted the law implementing article 5 of the Council Directive 2008/8/EC of February 12th 2008 amending Directive 2006/112/EC as regards the place of suppl
May 15, 2014
Tax characterisation of income derived from an Austrian Private Foundation
The Luxembourg Administrative Court (Tribunal Administratif ) had to rule (Decision n° 32037) on the characterisation of the allocations made to a Luxembourg individual by an Austrian law governed
May 12, 2014
EuVECA and EuSEF Regulations - Update
December 2014 On September 26th 2014 the European Securities Markets Authority (“ESMA”) issued a consultation paper (the “Consultation Paper”) on ESMA’s technical advice
May 12, 2014
Consultation on FX financial instruments
We reported in our Newsletter of March 2014 that on February 14th 2014, ESMA, in the context of the European Market Infrastructure Regulation (EMIR), sent a letter to the European Commission (“C