Did you know: VAT authorities to increase scrutiny in 2017

The Luxembourg VAT authorities have just released their 2016 annual activity report. While this document discloses last year’s milestone figures, it also sets their objectives for 2017. In the light of the tax reform, VAT authorities will particularly beef up penalties and introduce personal liability of directors while intensifying electronic …

First reactions to the new tax rules for intra-group financing

Luxembourg introduced new intra-group financing rules on 1 January 2017. While industry players have been caught off guard, they’re now analysing the new transfer pricing rules and how to implement them. Watch the interview of Loek de Preter, PwC Luxembourg Transfer Pricing Leader, commenting on how the market reacted and how to comply.

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