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 …
THE BLOG is celebrating a year of opinions made in Luxembourg. Let’s have a look back at our top 5 stories.
The global tax environment is undergoing a significant amount of disruption. As a response, the Organisation for Economic Co-operation and Development (OECD) published the Base Erosion and Profit Shifting (BEPS) Action Plan. As the cornerstone of the OECD’s recommendations, Country-by-Country Reporting (CbCR) requires multinational groups to include detailed financial and tax information …
All OECD and G20 countries have committed to implementing country-by-country reporting. Luxembourg, among other countries, has agreed that country-by-country reporting is a key priority in addressing BEPS risks. Reporting takes place with respect to fiscal periods starting from 1 January 2016. As electronic notifications are due by 31 March 2017, …
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.
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 …
![[VIDEO] Shedding light on Country-by-Country reporting](https://blog.pwc.lu/wp-content/uploads/2017/10/Visuel-Blog_Marc-Rash.png)
