News & Analysis as of

Luxembourg

Mayer Brown

Bénéficiaire effectif et non-application d’un taux réduit de retenue à la source en présence de dividendes versés à une société...

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Le Tribunal administratif de Paris valide la remise en cause par l’administration fiscale du taux réduit de retenue à la source de 5 % prévu par la convention franco-luxembourgeoise en présence de dividendes versés à une...more

DLA Piper

Are your crypto assets taxable in Luxembourg?

DLA Piper on

Crypto currencies and other crypto assets are increasingly being adopted by investors. Over time, the legal framework applicable to this asset class has become more defined. Originally Published in AGEFI Luxembourg -...more

Hogan Lovells

Fueling Future Stability: Luxembourg’s Edge in Energy and Defence Investment

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In an era marked by geopolitical instability around the world and in light of the current economic landscape, energy security concerns, and increased defence needs and spending, the financing of energy and defence projects...more

DLA Piper

Luxembourg - Global Bribery Offenses Guide (Updated)

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What is the legal framework governing bribery in Luxembourg? The Luxembourg Criminal Code is the key piece of Luxembourg legislation governing bribery. Its scope of application was broadened by the Law of February 13,...more

BCLP

Are Third Parties Excluded from Exclusive Jurisdiction Clauses? The High Court Has the Answer in Campeau V Gottex [2025]

BCLP on

The High Court has recently handed down a further interesting decision in relation to the “service out” jurisdictional gateways in CPR 6.33(2B). In Campeau v Gottex Real Estate Fund I (OE) Waste S.À R.L [2025], the Court...more

DLA Piper

Luxembourg - Global bribery offenses guide

DLA Piper on

What is the legal framework governing bribery in Luxembourg? - The Luxembourg Criminal Code is the key piece of Luxembourg legislation governing bribery. Its scope of application was broadened by the Law of February 13,...more

Hogan Lovells

Luxembourg Tax Glossary

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This glossary aims at explaining frequently used terms in taxation in a simple manner. ...more

White & Case LLP

Luxembourg’s Push for Private Capital Attractiveness and Competitiveness

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Luxembourg sharpens its private capital edge: permanent carried interest regime and clarified reverse hybrid carve-out....more

Herbert Smith Freehills Kramer

Luxembourg Reverse Hybrid Entity Rules: Clarifications Regarding the CIV Exemption

On 22 August 2025, the Luxembourg tax authorities issued a second circular (Circular) on the reverse hybrid entity rules, this time clarifying the exemption applicable to collective investment vehicles (CIV Exemption)....more

Herbert Smith Freehills Kramer

Luxembourg: Explaining the New Carried Interest Tax Regime

On 24 July 2025, the Luxembourg government introduced Bill No. 8590 (the Bill), which proposes a new competitive carried interest tax regime with the stated objectives being: to create a legal framework that fosters the...more

Goodwin

Carried Interest 2.0: Luxembourg Modernises Its Tax Treatment for Fund Managers

Goodwin on

On 24 July 2025, a draft bill (the Bill) proposing significant amendments to the law of 4 December 1967 on income tax and the law of 12 July 2013 on alternative investment fund managers (AIFMs) was submitted to the Luxembourg...more

A&O Shearman

Luxembourg Case Law Briefing – Corporate Law Highlights - 2025 Edition

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We are very pleased to present the 2025 edition of our Luxembourg corporate law-focused case law briefing, curated by the A&O Shearman Luxembourg Corporate/M&A team. In this edition, we focus on the 2024 calendar year...more

White & Case LLP

Important Tax Update: Luxembourg Court Decision on Interest Free Loans and Debt to Equity Ratio – A Global Impact

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International transactions, such as private equity deals, mergers and acquisitions, and financing arrangements, frequently leverage Luxembourg entities as holding companies or joint ventures. It is common for such companies...more

Cadwalader, Wickersham & Taft LLP

The FoHF Financing Playbook, May 2025 - EU Jurisdictional-Clause Gymnastics – The Enforceability of Asymmetric Jurisdiction...

A recent decision of the Court of Justice of the European Union (the EU’s highest court) has clarified some of its views on ‘asymmetric jurisdiction clauses’. An asymmetric jurisdiction clause is one that allows one party...more

Mayer Brown

Management Fees : précisions sur la preuve des prestations réalisées

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La Cour administrative d'appel de Nancy a rendu deux arrêts le 24 avril 2025 éclairant les indices nécessaires afin de prouver la réalité des prestations faisant l'objet d’une convention de management fees (CAA Nancy, 24...more

Goodwin

Luxembourg Takes Legislative Step to Implement the Digital Services Act

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Luxembourg has adopted the law of 4 April 2025, marking a significant step toward the national implementation of Regulation (EU) 2022/2065 on a Single Market for Digital Services (the Digital Services Act, or DSA)....more

Goodwin

Pillar II in Luxembourg: What Investment Funds Need to Know

Goodwin on

The implementation of the Organisation for Economic Co-operation and Development’s (OECD’s) Pillar II rules in Europe, and in the Luxembourg law on 22 December 2023 (the Pillar II Law) in particular, has been a major...more

K&L Gates LLP

Confirmation of the Territorial Scope of the Collateral Law

K&L Gates LLP on

Key Takeaway - Luxembourg’s law of 5 August 2005 on financial collateral arrangements, as amended (Collateral Law 2005), continues to offer strong safe-harbor protections for financial collateral arrangements and is now...more

Ius Laboris

Suspected Abuse of Sick Leave: What Can Employers in Luxembourg Do?

Ius Laboris on

Can an exceptionally high absenteeism rate justify exceptional control measures by the employer? Late last year, unconventional actions by the management of a Tesla factory in Germany came under the media spotlight....more

A&O Shearman

Important update for individuals registered with the RCS: Luxembourg National Identification Numbers

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The Luxembourg Business Registers (LBR) recently published a notice in relation to the Luxembourg national identification numbers (LNIN) of individuals that need to be registered with the Luxembourg trade and companies...more

A&O Shearman

The Luxembourg Stock Exchange launches new segment on Euro MTF market EM3S

A&O Shearman on

The Luxembourg Stock Exchange has announced the launch of a new segment on its Euro MTF market, called EM3S, which stands for Euro MTF Specialist Securities Segment. This new segment may be an interesting option for issuers...more

Goodwin

Was Your SIF Set Up Before 2016? Consider a RAIF Conversion While Evaluating the Benefits of Maintaining a SIF

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The Specialised Investment Fund (SIF) regime was established in Luxembourg by the Law of 13 February 2007 (the “SIF Law”). The SIF regime’s purpose was to offer great flexibility on investment scope while structuring and...more

Goodwin

AML/CFT Compliance in Luxembourg: New Obligations for Funds

Goodwin on

Against the backdrop of reinforced European and international anti-money-laundering and countering the financing of terrorism (AML/CFT) requirements, the Administration de l’enregistrement, des domaines et de la TVA (AED) has...more

Goodwin

Tax Update in Luxembourg Regarding Interest Rates for Shareholder Current Accounts

Goodwin on

On 29 January 2025, the Luxembourg tax authorities published Circular L.I.R. n° 164/1 (Circular), which replaces the previous circular L.I.R. n° 164/1, dated 23 March 1998. The Circular updates the rules related to interest...more

Goodwin

Luxembourg Strengthens Its Regulatory Framework for Crypto-Assets with the Implementation of MiCAR

Goodwin on

On 10 February 2025, the law of 6 February 2025 regarding, notably, digital finance was published in the Official Journal of Luxembourg (the “Law”)....more

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