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September Data Protection Newsletter
Consulting September Data Protection Newsletter
Grant Thornton Luxembourg welcomes you to the first edition of its Data Protection Newsletter! Each month, we will bring you a clear and accessible overview of key developments in data protection, AI, and tech regulation helping you stay ahead in an ever-evolving digital landscape. Whether you are a business navigating your compliance obligations or simply a citizen wanting to make your online life safer and more informed, this newsletter is for you. For more tailored advice or support, do not hesitate to reach out to our Data Protection Team.
5 min read |
Luxembourg Tax Unity Regime
Tax Tips Luxembourg Tax Unity Regime
The tax unity regime allows a group of Luxembourg companies to be taxed as a single taxpayer on a consolidated basis. This regime enables the offsetting of profits and losses among group members, potentially reducing the group’s overall tax burden.
2 min read |
Reminder: ICT Incident Reporting – Execution Is the Real Challenge
Technology Reminder: ICT Incident Reporting – Execution Is the Real Challenge
The CSSF has recently reiterated a key message for all supervised entities: if a major ICT-related incident occurs, it must be reported—promptly and without exception.
2 min read |
Update of Participating and Reportable Jurisdictions under the Common Reporting Standard
Tax News Update of Participating and Reportable Jurisdictions under the Common Reporting Standard
The Grand-Ducal Decree of 6 June 2025 modified the lists of Participating Jurisdictions and Reportable Jurisdictions for the CRS reporting year 2024. The Grand-Ducal Decree added the following jurisdictions to the List of Participating Jurisdictions. In addition, certain jurisdictions were added to the list of Reportable Jurisdictions.
1 min read |
Are you up to date with your VAT at the time of the first inspections?
Payroll Newsflash Are you up to date with your VAT at the time of the first inspections?
As recently mentioned in the news, the first VAT inspections on leasings are beginning to take place, especially for German cross-border workers. We remind you of the importance of analysing your situation: - Are you affected by the QM ruling? - Are you compliant from a salary and accounting perspective?
2 min read |
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