Marianne recently completed her master’s degree in economics from Trinity College and is now seeking her first job. She plans to leave Dublin, her hometown, and move abroad for new experiences. Her parents aren’t thrilled about it, of course, but understand her thirst for adventure. She is considering moving to …
Have you heard about the growing focus of the Luxembourg tax authorities (LTAs) on the value added tax (VAT) and transfer pricing (TP) positions of Luxembourg’s taxpayers? In fact, the global trend is for tax authorities to require more and more information about the local and cross-border intragroup transactions to …
Everlasting growth has been the panacea of the socio-economic model we live in today, a logic not unlike the big bang theory expansion. However, this single idea is increasingly blamed for fueling the latest global economic crises and for aggravating the climate issues we face today. This criticism comes at …
Presque un an après le début d’une épidémie et d’une crise économique sans précédent, c’est en direction des plus bas revenus que le gouvernement luxembourgeois a décidé d’agir. En effet, avec une revalorisation de 2,8% du salaire social minimum, ce sont plus de 60 000 salariés qui verront leur salaire …
IMPORTANT: The Social Parameters have been updated. Read our PwC Flash to learn about the new applicable social parameters from 1 April 2022. Nearly one year after the beginning of the COVID-19 pandemic –unheard-of by most of us– followed by an economic crisis, the Luxembourg government has decided to focus …
The finance function in the alternatives industry has grown in complexity and the tendency seems to continue. In addition to the more intricate business structures as well as the increasing external stakeholders demands, joins the variable “digital transformation” that’s shaping the algorithm of the future. Designing a finance function that …
“What unites people? Armies? Gold? Flags? Stories. There’s nothing more powerful than a good story”, in the immortal words of Tyrion Lanister, a fictional character from Game of Thrones—arguably the most debated series in the history of TV. Much has been written, said and heard about why the idea of …
Tax has become a reputation issue. Building public trust is a priority for companies and the industries they are part of, to increase their resilience in a world where technological advancements are caffeine and confidence is an anxiolytic that balances things out. Clear communication around tax is one way to …
To keep pace with evolving living costs, as determined by the Statistics and Economic Studies bureau (STATEC), the main social parameters in the Index 814.40, applicable 1 January 2019, increase the social minimum salaries. The Index also introduces new lower rates for employers’ mutuality and implements a new reform in …
Why have Luxembourg authorities implemented the VAT Group regime until now and what does it mean for you, companies and me? The draft bill N° 7278 implementing the VAT Grouping regime into Luxembourg VAT Law was voted on 26 July. We consider this as one of the most interesting developments …
