Now that the tax reform has entered into force and the late 2016 announcements are effective, we have a better picture of what 2017 has in store for you. In this post, we analyse the five main VAT changes in Luxembourg and explain in detail what they mean to you.
Luxembourg announced on 27 December it would tighten its rules on intra-group financing. These new measures, entering into force on 1 January 2017, firm up the “arm’s length principle”. In other terms, financing between different units of the same company should be carried out as if they were unrelated firms. We interviewed …
As from 1 January 2017, Luxembourg taxpayers* will have to file their periodical and annual VAT returns on the eCDF platform. The eCDF is the existing platform for electronic gathering of financial data, particularly used to file annual accounts online.
The 2017 tax reform becomes effective on 1 January and with it comes along a series of tax measures aimed at tackling corporate taxation. We’re looking at what the tax reform means for companies and what further measure could strengthen Luxembourg’s credibility and attractiveness.