Tax

The Tax WG brings together tax experts to discuss relevant tax issues with the aim of agreeing on common market positions and providing guidance to the market in the form of position papers issued by LuxCMA.

The Tax WG aims at working closely with policymakers on questions and developments that are relevant to the Luxembourg capital market.

Tax is of crucial importance in capital markets. Through its two sub-groups – one dedicated to direct taxes (income taxes etc) and the other to indirect taxes (most importantly VAT) – the Tax WG brings together tax experts representing the major players in the Luxembourg capital market with the purpose of discussing tax questions as they arise and agreeing on common positions on tax topics of broader relevance to the market.

The outcome will be position papers and interpretations issued by the LuxCMA, such as the 2020 position paper on the application of interest limitation rules to securitization companies.

The Tax WG aims at working closely with policymakers on questions and developments that are relevant to the Luxembourg capital market, is an active contributor to public consultations and collaborates with other associations on topics of common interest.