Issuance of dematerialised securities using blockchain technology
Starting 26 January 2021, the new law of 22 January 2021 applies!
Digital services act package
THERE IS NEW SHERIFF IN THE (DIGITAL) WILD WEST: THE EUROPEAN COMMISSION!
New law on payments to EU ‘black-list’ countries
ON 28 JANUARY 2021, THE LUXEMBOURG PARLIAMENT APPROVED BILL OF LAW N°7547 IMPLEMENTING MEASURES CONCERNING THE NON-TAX-DEDUCTIBILITY OF INTEREST AND ROYALTY PAYMENTS MADE TO ENTITIES LOCATED IN NON-COOPERATIVE JURISDICTIONS.
New VAT burden on company cars?
ON 20 JANUARY 2021, THE COURT OF JUSTICE OF THE EUROPEAN UNION (CJEU) GAVE ITS RULING IN A CASE THAT RAISED THE QUESTION OF WHETHER THE PROVISION OF A COMPANY CAR TO AN EMPLOYEE IS SUBJECT TO VAT (C-288/19, QM V FINANZAMT SAARBRÜCKEN).
OECD releases helpful new guidance on transfer pricing during the pandemic
ON 18 DECEMBER 2020, THE OECD PUBLISHED ITS MUCH-ANTICIPATED “GUIDANCE ON THE TRANSFER PRICING IMPLICATIONS OF THE COVID-19 PANDEMIC”.
Luxembourg 2021 budget law passed, new tax measures introduced
ON 17 DECEMBER 2020, THE LUXEMBOURG PARLIAMENT APPROVED THE 2021 BUDGET BILL.
New Luxembourg circular letter on the participation exemption regime regarding Gibraltar companies
FOLLOWING THE EUROPEAN COURT OF JUSTICE (ECJ) RULING OF 2 APRIL 2020 IN CASE C-458-181, THE LUXEMBOURG DIRECT TAX AUTHORITIES ISSUED A CIRCULAR LETTER (CIRCULAR) ON 1 DECEMBER 20202 REGARDING THE NON-APPLICATION OF COUNCIL DIRECTIVE 2011/96/EU OF 30 NOVEMBER 2011 ON THE COMMON SYSTEM OF TAXATION APPLICABLE IN THE CASE OF PARENT COMPANIES AND SUBSIDIARIES …
Budget 2021: various tax measures to address the impact of the COVID-19 pandemic and support a sustainable recovery
ON 14 OCTOBER 2020, THE LUXEMBOURG GOVERNMENT FILED BUDGET BILL 7666 WITH THE LUXEMBOURG PARLIAMENT.
Declaration of general obligation of the agreement dated 20/10/20 on the legal regime of teleworking
NEW AGREEMENT ON THE LEGAL REGIME OF TELEWORKING
Anti-money laundering and counter terrorist financing – mandatory survey due in March 2021
WE WOULD LIKE TO REMIND YOU THAT ON 15 FEBRUARY 2021, THE CSSF WILL LAUNCH ITS ANNUAL ONLINE SURVEY ON THE FIGHT AGAINST MONEY LAUNDERING AND TERRORIST FINANCING FOR THE YEAR 2020 (THE “AML/CFT SURVEY”).