This newsflash summarises three of the most important OECD and EU tax developments released in October 2023, which could potentially impact taxpayers with operations in Luxembourg.
On 10 November 2023,the Luxembourg Constitutional Court concluded that §8(2) a) of the law on net wealth tax was contrary to the constitutional principle of equality. Pending legislative reform, the taxpayers concerned will be subject to the minimum net wealth tax of EUR 1,605 w...