WTS in Luxembourg

The new Treaty is of particular importance and may therefore be of particular interest to asset managers as well as real estate investors / promoters in view of changes relating to collective investment vehicles and pension funds and changes pertaining to the allocation of taxing rights to shares in “real estate rich” companies.

Due to the COVID-19 pandemic, a lot of employees who used to work abroad have been forced to work from home. In order to mitigate the impact, Luxembourg concluded so-called ‘COVID agreements’ with its neighbouring countries in 2020.

On 8 November 2022, the Court of Justice of the European Union (CJEU) issued a long-awaited (landmark) decision in the Fiat-Chrysler state aid case.

The Annual Tax on Securities Accounts (hereafter: “ATSA” – also known as de “Jaarlijkse Taks op de Effectenrekeningen”, JTER or “Taxe annuelle sur les comptes-titres”, TACT) is applicable (among other things) to securities accounts held in Belgium, even if they are held by non-Belgian residents/account holder.

On 9 December 2020, the Luxembourg Administrative Tribunal rendered a decision relating to the refund of the Luxembourg 15% withholding tax (“WHT”) on dividends distributed by several Luxembourg corporate entities to another Luxembourg company.

Our summary of R&D Incentives provides guidance where such incentives are provided, and who in WTS Global can support you to gain from these incentives for your business or individually the most.

On 11 March 2021, the Luxembourg tax authorities published Circular LG Conv. D.I. n°60, which updates the guidance and provides useful information on the mutual agreement procedure, from its initiation to its conclusion.

An additional administrative delay of 3 months is now being granted to those entities that have not made the required filings as yet

2019 draft budget law includes some measures which the government had already announced when it presented its coalition agreement

In response to the announcement of the EC the Luxembourg Ministry of Finance stated that it believes Luxembourg did not grant Huhtalux unlawful state aid

The Luxembourg tax authorities issued Circular L.I.R. n°14/5 - 99/3 - 99bis/3 on the Luxembourg tax treatment of transactions involving cryptocurrencies

The directive ensures that all EU Member States share the same supervision of intermediaries’s activities and that they cooperate in preventing aggressive cross-border tax planning

Following the adoption of the fourth EU anti-money laundering directive two draft bills of law were introduced on 6 December 2017 and presented to the Luxembourg Chamber of Deputies 

Overview of main aspects of the different amendments included in the Draft Law

The new regime (the “IP Law”) follows after the Luxembourg government abolished its former IP regime as from 30 June 2016