February 2024

International conference – Evolution of Tax Practice in Europe

Andersen is hosting the international conference Evolution of Tax Practice in Europe, an event that brings together expert partners in International Tax from different European jurisdictions, organized for Thursday, March 7, at the Andersen Milan office (Corso Magenta, 82) from 4 to 5:30 p.m. The meeting, with free participation, aims to highlight the latest developments

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January 2024

Luxembourg Tax Highlights for 2024

This Tax Alert aims to provide you with a short summary of the tax highlights that will be effective as from year 2024.

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December 2023

Director fees are not subject to VAT

Following the recent C-288/22 judgment by the Court of Justice of the European Union on December 21, 2023, the Luxembourg VAT authorities have swiftly responded by issuing Circular 781-1 which announces the suspension of Circular 781 from September 30, 2016, until the Luxembourg District Court's final decision.

As per their official statement on the website, the Luxembourg VAT authorities are committed to adjusting VAT for board members once the upcoming national Court decision is released, all while adhering to the statute of limitations. After this national court decision, a comprehensive guideline should be provided to assist companies in correctly adjusting their deduction rights for board member invoices. Non-compliance could result in legal penalties.

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Unconstitutionality of the Luxembourg minimum Net Wealth Tax

In response to the Luxembourg Constitutional Court Decision dated 10/11/2023 (Arrêt no. 00185), the minimum net wealth tax (“NWT”) of EUR 4,815 is considered as discriminatory for financial companies. Please find the details below in our trilingual Newsletter.

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November 2023

Guide for Incentives Renewables & Energy Efficiency

The new guide to incentives in the energy sector, prepared by European professionals from Andersen, aims to provide readers with the most detailed overview possible of the wide range of tax credits, grants, and other financial tools available in 13 European Union member states, complemented by those accessible in Albania, Switzerland, and the United Kingdom.

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October 2023

ATAD 3 - The Unshell Directive

Proposal for a two-step approach

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European Guide to Tax Regime for Holding Companies

International Tax Service Line

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Transfer Pricing

Documentation requirements in Europe

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Artificial Intelligence Act: what’s new?

The recent proposal of the European Commission's Artificial Intelligence Act has sparked discussions about the future of AI regulation

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August 2023

Pillar II Luxembourg implementation of Pillar Two Directive

On August 2023, the Luxembourg Deputies Chamber released the draft law (n. 8292) that transposes the EU Council Directive 2022/2523 of December 2022, known as the EU Pillar Two Directive.

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July 2023

New Social Security Framework Agreement on Teleworking

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Draft Law 8186 Amendments to Luxembourg Tax Procedure

Summary of the key changes contained in the draft law.

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April 2023

Real-World Applications of AI

The Andersen European Technology Industry Group, led by Francesco Marconi, has recently issued a document discussing the rapid growth of Artificial Intelligence (AI) and its impact on our daily lives.

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February 2023

Luxembourg Administrative Tribunal decision on the redemption of classes of shares

On January 27, 2023 the Luxembourg Administrative Tribunal has issued a decision (n. 42443) on the tax treatment of the redemption of the so-called alphabet shares.

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November 2022

Draft Budget law 2023: new tax measures

On 12 October 2022, the 2023 budget bill has been released. The article provides the main tax-related changes.

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April 2021

Andersen in Luxembourg Strengthens Trust and Corporate Services Practice with Partner Cornelius Bechtel

Andersen in Luxembourg incorporates Cornelius Bechtel, strengthening the Trust and Corporate Services division in the Luxembourg Office.

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February 2021

VAT treatment of the private use of company cars by an employee resident in another country

On 20 January 2021, the Court of Justice of the European Union (CJEU) issued its decision regarding the VAT implications for making company cars available to non-resident employees1.

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January 2021

New Tax Measures in Luxembourg for 2021

On 17 December 2020, draft law no. 7666 (2021 budget law) has been adopted by the Luxembourg Parliament and subsequently transposed into law on 19 December 2020.1 The tax section of the law does not contain a comprehensive tax reform as initially planned, but will just replace some old rules and introduce new measures in certain areas.

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March 2020

January 2020

Luxembourg Budget Law 2020 voted that Pre-2015 tax rulings expire at the end of 2019

On 13 December 2019 the Luxembourg Parliament voted that tax rulings granted before 1 January 2015 expire automatically by the end of the fiscal year 2019.

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April 2019

Luxembourg adopted the Multilateral Instrument

On June 2017, Luxembourg signed the multilateral instrument (hereafter, “MLI”) to implement tax treaty-related measures to prevent base erosion and profit shifting (hereafter, “BEPS”).

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February 2019

Luxembourg implements the Anti Tax Avoidance Directive (ATAD)

On 21 December 2019, the Luxembourg law implementing the EU Anti-Tax Avoidance Directive 2016/1164 was published in the Official Gazette.

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August 2018

Anti Tax Avoidance Directive (ATAD) Draft Law no. 7318

On 19 June 2018, draft law no. 7318 has been presented to the Luxembourg Parliament. The draft law shall implement the EU Directive 2016/1164 on Anti Tax Avoidance Rules into local law.

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May 2018

VAT grouping scheme in Luxembourg

On 13 April 2018, the Luxembourg Finance Minister has submitted to the Chamber of Deputies the draft law no. 7278 in order to introduce the VAT grouping scheme into the Luxembourg legislation.

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April 2018

Proposed new IP regime in Luxembourg

On 4 August 2017, the Luxembourg government introduced a draft law (projet de loi no. 7163), which provides for the introduction of a new intellectual property regime (IP regime) in Luxembourg. After several months of discussion, parliament has adopted the final version of the law on 17 April 2018. The provisions on the new IP regime will become effective for the first time for the tax year 2018.

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March 2018