On 12 October 2022, the finance minister presented the Luxembourg budget bill for fiscal year 2023.
For corporate tax payers, and particularly for funds, there is a most welcomed clarification on the scope of the...more
The Luxembourg Tax Authorities have started to issue late filing penalties for a fixed amount of EUR 10,000 for the non-fulfillment of the reporting obligation regarding real estate levy.
In light of this action,...more
Further to the request of the European Parliament for concerted EU action, the European Commission issued on 22 December 2021 a proposal for a Council Directive laying down rules to prevent the misuse of shell entities...more