Blog
New case-law on the interaction between losses carried forward and abuse of law
New case-law on the interaction between losses carried forward and abuse of law In two recent judgments, the Administrative Court reminded tax practitioners in Luxembourg of the position taken in prior case law that the use of losses carried forward, provided for in...
Reform of the Right of Establishment
On July 20, 2023, the Chamber of Deputies passed a law reforming the right of establishment in Luxembourg (hereinafter the "Modernization Law"), which modifies and modernizes the law of September 2, 2011, regulating access to the professions of craftsman, trader,...
MDR-DAC 6
What is MDR-DAC 6? Introduction On March 25, 2020, Luxembourg implemented Directive 2018/822/EU, amending Directive 2011/16/EU, which concerns the automatic and mandatory exchange of information in the field of taxation related to cross-border arrangements that...
Temporary decrease of the VAT rates
According to the amended law of February 12, 1979 on value added tax (Appendixes A and C – Art. 39) and its circular n°812 of December 6, 2022 (attached), the Luxembourg VAT administration informs the taxable persons about a decrease in the VAT rates effective as at...