Among other tax incentives for individual and corporations, the Luxembourg Parliament adopted on 11 December 2024 an amendment to the interest deduction limitation rule via the introduction of the concept of a single-entity...more
The EU Commission published a public consultation based on its initiative to introduce a common EU-wide system for withholding tax on dividend or interest payments, which includes a system for tax authorities to exchange...more
6/23/2022
/ Cross-Border ,
Cross-Border Transactions ,
Dividends ,
Double Taxation ,
EU ,
European Commission ,
Interest Payments ,
Investors ,
Member State ,
Public Consultations ,
Tax Authority ,
Tax Evasion ,
Tax Fraud ,
Tax Refunds ,
Withholding Tax
On 6 November 2020, Luxembourg and Russia signed a Protocol amending the Luxembourg-Russian Double Tax Treaty.
This new Protocol provides new withholding tax rates and rules for the taxation of dividends and interest...more
On 25 March 2020, the Luxembourg Government adopted a draft bill introducing new defensive measures denying the tax deduction of interest and royalty payments made to a related entity located in a blacklisted...more