Newsflash I EU Commission referring Luxembourg to the CJEU for failing to correctly transpose ATAD Attention all Luxembourg tax professionals! We have entered the next chapter in the discussion on the exclusion of Securitisation Vehicles covered by the Anti-Tax Avoidance Directive (ATAD1). The LuxC... 25 Jul 2023 Tax
Statement I Feedback on the Proposal for a Directive on Debt-Equity Bias Reduction Allowance (DEBRA) On 11 May 2022, the European Commission published a Directive proposal to tackle the tax bias in favor of debt funding. The proposal includes both a notional deduction on growth in equity and an addit... 1 Aug 2022 Tax
EU Commission Consultation l Feedback on New EU System for the avoidance of double taxation Cross-border investment and simplified taxation are a priority for the EU. Despite the measures taken to remove tax barriers to cross-border investment, obstacles remain in the EU. This initiative aim... 28 Jun 2022
ATAD I LuxCMA’s view in relation to the EU Commission calling Luxembourg to amend its legislation transposing the Anti-Tax Avoidance Directive UPDATE OF THE 26/05/20 PAPER According to the December infringement package published by the European Commission, the latter sent a reasoned opinion to Luxembourg asking it to correctly transpose the ... 9 Dec 2021
Technical Position Paper l Value Added Tax of Securitisation vehicles Luxembourg remains one of the main securitisation centres in Europe. Its attractive and flexible legal and tax framework is adapted to the needs of investors and SVs, particularly with regard to VAT e... 18 Feb 2021
ATAD | Technical Position Paper l Deductibility of payments by securitisation companies financed by debt Our technical position paper, which was accessible to our LuxCMA members only, is now available to everyone! Congratulations again to our Direct Tax Working Group (previously #Securitisation & #ATAD T... 26 Oct 2020
ATAD | LuxCMA’s view to the EU Commission formal notice sent to Luxembourg to amend its legislation transposing the ATAD On 14 May 2020, the European Commission announced that it decided to send a letter of formal notice to Luxembourg asking it to correctly transpose the interest limitation rule of the Anti-Tax Avoidanc... 26 May 2020
