http://www.pwc.com/lu PwC Luxembourg: Latest publications, news, press items and more from our industry experts en-en 2012 PricewaterhouseCoopers S.à.r.l. http://cyber.law.harvard.edu/rss/rss.html http://www.pwc.com/lu The comment period for the November 2011 exposure draft (ED), 'Revenue from contracts with customers', ended in March 2012. Andrea Allocco from PwC’s Accounting Consulting Services Central Team looks at the responses. Wed, 23 May 2012 15:00:00 +0100 This revised edition of our 2007 brochure offers an overview of existing securitisation structures, and details some of the lessons learned from the substantial changes the securitisation market has undergone during the past years, in terms of accounting, regulatory aspects and reporting requirements. Wed, 23 May 2012 14:00:00 +0100 The latest economic crisis has highlighted the need to improve the Risk Management processes and structures. Wed, 16 May 2012 10:00:00 +0100 It has been confirmed that Luxembourg companies whose principal assets are real estate held directly should not be subject to the minimum charge to corporate income tax. Fri, 11 May 2012 12:00:00 +0100 On 10 May 2012, the ECJ announced its decision concerning the compatibility of French dividend withholding tax with the EU principle of free movement of capital. The levying of French withholding tax on dividend payments made to foreign investment funds, resident either in the EU or in third countries, had been subject to taxpayer’s challenge based on the EU’s free movement of capital provision. Thu, 10 May 2012 17:30:00 +0100 In the context of the "new normal" having the right strategy and effective processes in place to surf the competitive edge is key to survival of all the Alternative Investment (AI) industry players. Wed, 09 May 2012 17:30:00 +0100 On 8 May 2012, the Advocate-General has given her opinion in the case C-44/11 Deutsche Bank vs. Finanzamt Frankfurt am Main V-Höchst. Wed, 09 May 2012 15:30:00 +0100 Un outil de promotion publié avec le soutien de la Société de la Bourse de Luxembourg Tue, 08 May 2012 17:00:00 +0100 Together with achieving financial returns, an impact investor considers the social and environmental impacts of the investment. "Impact investing goes beyond traditional socially responsible investing to seek out direct investments with high social or environmental impact." Source:The Global Impact Investment Rating System (GIIRS), 2011. PwC Luxembourg is at your side to assist you in entering or strengthening your position on this market. Tue, 08 May 2012 15:00:00 +0100 In a context marked by in-depth legal and regulatory changes, the Luxembourg Stock Exchange is a world-class player offering an attractive international listing marketplace for a large range of securities. With 3,127 listed issuers coming from 103 countries, the Luxembourg Stock Exchange meets capital market players' needs as a result of a 80-year old experience, high-quality products and services as well as fast, customer-oriented and secure processes. Tue, 08 May 2012 12:00:00 +0100 Realising the value of budgeting and forecasting through priorities, processes and accuracy measurement. Mon, 07 May 2012 14:00:00 +0100 Spring 2012 is well underway. AIFMD is already here and UCITS V is knocking on our door. UCITS IV is almost a year old and is yet to reveal all its charms. Management company passports are yet to be used, some cross-border mergers face the cruel reality of non-harmonised tax rules, cross-border master feeders slowly rise... Thu, 03 May 2012 16:00:00 +0100 On 23 April, Germany and Luxembourg signed a new double tax treaty (the "New Treaty"), which is to replace the original treaty dating back to 1958. The New Treaty is aligned to the OECD model, representing an internationally recognised standard. Wed, 02 May 2012 16:00:00 +0100 Herzlich Willkommen zum zweiten Informationsbrief Steuern. Nach einem äußerst erfolgreichem Start der ersten Ausgabe freuen wir uns Ihnen nun unseren zweiten Informationsbrief Steuern zu präsentieren. In diesem Brief haben wir eine Reihe von Themen ausgewählt, die für unsere deutschen Mandanten von besonderer Relevanz sein sollten. Fri, 27 Apr 2012 11:00:00 +0100 Le Global Russia Business Meeting a réuni 300 représentants politiques et économiques à Luxembourg. Fri, 27 Apr 2012 09:00:00 +0100 On 23 April, Germany and Luxembourg signed a new double tax treaty, which is to replace the original treaty dating back to 1958. Thu, 26 Apr 2012 11:00:00 +0100 The recent period of extreme market volatility and illiquidity has highlighted the continued importance of having reliable valuations. Wed, 25 Apr 2012 16:30:00 +0100 Our Real Estate Valuation Advisory line of service offers comprehensive valuation reviews of both third-party and management-prepared valuations. Wed, 25 Apr 2012 12:00:00 +0100 The article 42 bis of the updated SIF Law introduces new requirements regarding Risk Management and conflict of interest. Mon, 23 Apr 2012 17:00:00 +0100 The comment period for the revenue recognition re-exposure ended last month, so this seems like a good moment to take a look at the progress of the IASB’s priority projects – revenue, leasing, financial instruments (all of these being convergence projects with the FASB) and insurance. Mon, 23 Apr 2012 12:30:00 +0100 This is the 9th edition of the Private Wealth Services European Tax Newsletter. As in previous editions, we’ll discuss new developments and upcoming amendments for taxes in connection with wealth management business in a number of jurisdictions. Following a season of political and economical turbulence, the climate within the Euro-zone is to stabilise. Further to the efforts to rescue Greece last month, we see a slightly positive evolution of the market. However, in line with what was discussed in our December edition , there is still a push by governments towards further regulation and the growth of tax revenues. This is a very exciting time and hope you will enjoy reading this newsletter and find it to be informative and useful. Fri, 20 Apr 2012 10:00:00 +0100 Our GFD Client Platform is a web-tool which will simplify your tax reporting and is fully integrated with our industry leading regulatory service. With extensive functionality, it's the most efficient tool for your tax reporting. Thu, 19 Apr 2012 09:00:00 +0100 Selon l’édition 2012 de l’étude de PwC intitulée « State of the Internal Audit Profession », menée au cours du 4ème trimestre 2011 et du 1er trimestre 2012, l’incertitude de l’économie mondiale représente le plus grand risque pour les entreprises en 2012. Tue, 17 Apr 2012 11:00:00 +0100 Since 1 January 2012, all companies must file electronically their accounting package. The procedures differ for entities which are required or not to file their trial balance under the S.C.A. format. Tue, 17 Apr 2012 11:00:00 +0100 Der Entwurf einer Stellungnahme des Bundesfinanzministeriums (BMF) stellt die Abzugsfähigkeit in Frage. Fri, 13 Apr 2012 16:30:00 +0100