05/05/17 The Luxembourg cost-sharing VAT exemption is too wide, says EU Court The Court of Justice of the European Union released its decision in the first of a series of cases on the "independent group of persons" (also referred to as the cost-sharing VAT exemption).
06/04/17 Cost-sharing VAT exemption applies to financial services, believes Advocate General Wathelet The question of the scope of the cost-sharing VAT exemption (also referred to in the EU VAT Directive as “Independent Groups of Persons”) is currently debated at the CJEU.
20/03/17 CSSF Circular 17/650 on Anti-Money Laundering and Counter- Financing of Terrorism: AML/CFT Law applied to primary tax offenses This new Circular was issued jointly by the CSSF and the Luxembourg Financial Intelligence Unit (FIU). It is part of the new penal provisions provided by the Law of 23 December 2016 implementing the 2017 Tax Reform.
08/02/17 Circular ECHA 4 issued with CRS reporting schema On 6 February, the Luxembourg tax authorities (LTA) issued a new Circular ECHA 4, regarding the modalities for preparing and filing the annual report under the Common Reporting Standard (CRS) schema.
28/03/17 German tax 2018 - Shaping the future of your reporting: Mutual fund The 2018 reform will fully transform the German tax reporting.
28/03/17 German tax 2018 - Shaping the future of your reporting: Special fund German institutional investors such as insurance companies and pensions funds weigh heavily in the Luxembourg and European investment fund market.
28/03/17 German tax 2018 - Taxation of German assets: Tax exempt investors The German tax reform has introduced the possibility for specific investors to be fully exempted from the corporate tax on German source income when investing through a fund.