Luxembourg

As of 30 October 2026, the Luxembourg Ministry of Finance has launched a comprehensive review of the country’s fund taxation regime in response to increasing competitive pressure from Ireland’s investment fund framework. The review, announced during the Global Fund Summit in Luxembourg, aims to assess whether the current subscription tax (taxe d’abonnement) and VAT treatment

On 30 October 2026, Linklaters LLP partner Silke Bernard presented a detailed overview of the Luxembourg investment fund toolbox at a dedicated industry briefing. The session focused on the tax-efficient structuring options available under Luxembourg law, including the Specialised Investment Fund (SIF), the Reserved Alternative Investment Fund (RAIF), and the Investment Company in Risk Capital

During the Clearstream Global Fund Summit on 29 October 2026, HSBC Global Chief Economist Janet Henry delivered a keynote address warning that current fiscal structures in advanced economies are overly reliant on labor income taxation, creating a structural vulnerability as artificial intelligence accelerates automation. Henry cited OECD data showing that personal income taxes and social

On 30 October 2026, the Luxembourg Administration des Contributions Directes (ACD) published three administrative circulars providing detailed guidance on the application of Articles 152ter, 154quater, and 154quinquies of the Income Tax Law (L.I.R.). These articles govern specific regimes such as the tax treatment of certain capital gains, exemptions for qualifying holding structures, and anti-avoidance provisions

On 28 October 2026, Luxembourg’s Chamber of Deputies held the first constitutional vote on Draft Law No. 8775, which was deposited on 22 June 2026 to implement measures agreed in the tripartite agreement of 8 June 2026 between the government, employers’ organizations, and trade unions. This legislative package aims to adjust tax and social measures

As of 26 October 2026, the Luxembourg government has placed a comprehensive tax reform package at the center of its political agenda, coinciding with a landmark tripartite agreement on energy pricing. The reform, discussed during the weekly political roundtable, aims to modernize the Grand Duchy’s fiscal framework while addressing competitiveness concerns raised by the private

On 26 October 2026, Luxembourg and France enacted parallel legislative frameworks to dramatically expand automatic exchange of financial and tax-relevant data targeting cross-border fraud schemes. The Luxembourg law, passed as an amendment to the General Tax Law (Loi générale de l’impôt), implements the EU’s DAC8 directive ahead of schedule and adds a bilateral protocol with

In an interview published 23 October 2026, Riccardo Lamanna, Country Head of State Street Luxembourg, emphasized that a modernized double taxation treaty with the United States is critical to maintaining Luxembourg’s position as the leading European domicile for UCITS ETFs. The current treaty, dating from 1996 with a 2009 protocol, imposes a 15% withholding tax

On 23 October 2026, PwC Luxembourg published a comprehensive guide addressing the upcoming mandatory B2B e-invoicing obligation set to take effect from 1 January 2028. This requirement stems from the EU’s VAT in the Digital Age (ViDA) package and the Luxembourg Law of 2024 transposing the EU Directive 2024/XXXX. The publication outlines the scope of

As of 16 October 2026, PwC Luxembourg released an update on the public Country-by-Country Reporting (CbCR) obligations for non-EU multinational enterprise (MNE) groups operating in Luxembourg. This follows the transposition of EU Directive 2021/2101 (Public CbCR Directive) into Luxembourg law via the Law of 20 December 2023. The directive requires MNE groups with consolidated revenue