EY Luxembourg has announced the launch of a new publication entitled Luxembourg in International Tax. Written and updated by Marc Schmitz, tax leader EY Luxembourg, and Philip J. Warner, tax expert, and edited by the International Bureau of Fiscal Documentation (IFBD), it takes an in-depth look at corporate taxation in Luxembourg and the tax issues that may be of interest in an ever changing international environment.
Although this publication principally focuses on those areas of interest for international investors and tax experts requiring a clear explanation of corporate tax in Luxembourg, it is also of high interest for Luxembourg-based tax practitioners.
As the first edition of the publication rapidly became a standard reference work in Luxembourg tax literature, its reputation was maintained through the second edition, which continued being referred to and selling long after the date of issue.
This new edition of Luxembourg in International Tax is updated to incorporate tax developments on the national level up to January 2015, including the latest changes on advance tax clearances and the codification of the arm’s length standard. It also extensively covers the participation exemption regime, Luxembourg’s investment entities like the private wealth management companies, as well as the taxation of financing activities in Luxembourg. Furthermore, it contains a new chapter on tax treaties, which provides insight into the particularities of Luxembourg’s treaty network and its interaction with domestic law.
