Arendt Seminar
Wednesday
Apr 10, 2019
4:00 PM
To
Wednesday
Apr 10, 2019
4:30 PM
Where?
Luxembourg
Luxembourg has introduced ‘controlled foreign company’ rules, effective for financial years starting on or after 1 January 2019. The new rules could attribute the undistributed income of a low-taxed subsidiary to its Luxembourg parent (where it could be taxed at a higher rate). They will apply where ‘non-genuine arrangements’ have been put in place ‘mainly’ for the purpose of obtaining a tax advantage, as indicated where a Luxembourg-resident company manages the important activities of its low-taxed subsidiary.
Danny Beeton, the senior economist in Arendt’s transfer pricing team, will explain the new rules and how Luxembourg companies can act to minimize the risk of additional taxation.
WEBINAR RECORDING
