Blockchain is one of the most exciting—and more misunderstood—emerging technologies. It essentially offers a decentralised ledger of all transactions across a network. When a transaction occurs, everyone on the network knows about it. It’s tamper-proof and virtually instantaneous. This has real disruptive implications for the financial industry, which today uses …
Businesses that are watching the trends and changes of 2017 will be able to quickly implement new tools and strategies for greater success. While some trends are in their infancy, others are mainstream. In our new series, we have a weekly look at the business trends that will help drive growth in …
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.
Your last month has been… hectic! You’ve gone through it like a champion and here you are, facing Christmas and the overwhelming giving-the-right-gift thing. You have a few days to come up with THE present your relatives and friends will love. Don’t panic, though, we’ve got you covered. We’ve tested …
The transition from one generation to the next can make or break a family business; and as the ‘baby boomers’ hand over to the ‘millennials’, the risks of getting it wrong have never been greater. In Luxembourg, at least one-third of the companies will have to transfer their business in …
With EUR 235 per capita, Luxembourg is currently the largest per capita donor to the Green Climate Fund, the UNFCCC mechanism meant to help developing countries counter climate change. The Grand Duchy pledged EUR 120 million to finance climate change mitigation and adaptation projects between 2015 and 2020.
Brexit was the first major sign of the developed world’s rebuke to globalisation, and the rest of Europe may well be next. With Donald Trump being the 45th president of the USA, a wind of change is blowing. Protectionism is on the rise and with it comes slower growth, because …
The result of the UK’s referendum has already led to considerable market turbulence with experts predicting more to come. The Brexit vote has presaged a period of sustained uncertainty as we are debating the political, legal and indeed business implications – with little hope for concrete answers in the near-term. …
