European & Luxembourg Tax News
Several tax measures have been introduced, potentially impacting taxpayers with operations in Luxembourg. The following newsflash summarises the most important developments.
20/07/2023
Contents:
EU
FASTER proposal: EU Commission issues draft directive on faster and safer relief of excess withholding taxes (p. 1)
LUXEMBOURG
Amendments to the investment tax credit rules (p. 4)
Bill of law revising the fund laws, including provisions on subscription tax passed (p. 6)
Bill of law approving the new double tax treaty between Luxembourg and the United Kingdom passed (p. 7)
Bill of law implementing public country-by-country reporting measures passed (p. 8)
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