Newsletters & Newsflashes

On 14 January 2009, the Grand Duchy of Luxembourg and the Republic of Albania signed a treaty for the elimination of double taxation with respect to taxes on income and on capital and the prevention of tax evasion and avoidance (the “ DTT”). The DTT had however never been ratified due to a change in

On 29 January 2024, the Grand Duchy of Luxembourg and Montenegro signed a treaty for the elimination of double taxation with respect to taxes on income and on capital and the prevention of tax evasion and avoidance (the “ DTT”). The DTT was approved by the Grand Duchy of Luxembourg by the law of 18

On 17 December 2025, the Luxembourg Parliament adopted the law introducing a tax credit for private individuals investing in innovative start-ups (the Law of 19 December 2025, the “ Law”). The Law applies as from tax year 2026. This Law follows Draft Law No. 8526 , submitted to the Luxembourg

In December 2025, the European Commission issued a letter of formal notice to Luxembourg concerning the failure to abolish a discriminatory tax regime applicable to dividends derived from public investments. The contested regime allows for an exemption of the Luxembourg 15% withholding tax on

On 18 December 2025, the Grand Chamber of the Court of Justice of the European Union (the Court) delivered its judgment in Case C-448/23, European Commission v Republic of Poland. In this momentous ruling, the Court held that Poland failed to fulfil its obligations under EU law as a result of two

Regulatory Development On 9 December 2025, the CSSF drew attention to the publication by the Commission des normes comptables (CNC - Accounting Standards Commission) to a Q&A of the CNC (“ Q&A CNC 25/036”) interpreting Article 1711-8(3), point (3), of the Law of 10 August 1915 on commercial

On 22 October 2025, the District Court of Luxembourg handed down a jugement sur accord in the criminal case relating to the collapse of KAUPTHING BANK LUXEMBOURG S.A. in October 2008. Under this judgement, each of the defendants was sentenced to a financial penalty of €75,000 in the form of

On 19 November 2025, in Case T-367/23, Amazon EU v European Commission, the General Court of the European Union (the Court) delivered a seminal judgment on an action for annulment brought against a decision of the European Commission (the Commission) adopted pursuant to Regulation (EU) 2022/2065 of

On 5 December 2025, the ESMA published clarifications addressing key European Long Term Investment Fund (" ELTIF") industry questions submitted to the European Commission (“the Commission”) on the structuring of ELTIFs and their managers. The primary objective was to resolve uncertainties

On 17 December 2025, the Luxembourg Parliament adopted the law of 19 December 2025 establishing a quantitative target for gender balance among directors of listed companies with a view to transposing Directive (EU) 2022/2381 (the " Gender Balance Law"). For those who have been following this

In December 2025, ESMA issued two Q&As ( Q&A 2741 and Q&A 2742 ) offering welcome clarity to issuers grappling with the intricacies of the EU Prospectus Regulation (2017/1129). These clarifications address critical questions about supplement obligations and prospectus exemptions, offering meaningful

The Listing Act (Regulation (EU) 2024/2809) was designed to improve access to public capital markets for EU companies, especially small and medium-sized enterprises, by reducing administrative burdens associated with listing whilst safeguarding market integrity. Following ESMA's technical advice