Read our insights

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.

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?

The Commission de Surveillance du Secteur Financier (CSSF) has issued two Circulars — CSSF 25/893 and CSSF 25/892 — that reinforce Luxembourg’s commitment to implementing the Digital Operational Resilience Act (DORA). These circulars provide a comprehensive regulatory framework for ICT-related incident classification and reporting, as well as for estimating the financial impact of such incidents. Branches in Luxembourg of financial entities whose head office is based in another EU Member State (EU branches) are expected to report major ICT-related incidents, significant cyber threats and their estimations to the competent authority of their home Member State under DORA. As such, they are excluded from the scope of these circulars.

Following the monthly meeting of the Index Commission, the STATEC has confirmed the triggering of a new salary indexation as of 1 May 2025. The applicable index increases to 968,04 points (instead of 944,43 points), resulting in a 2.5% increase in wages, salaries and pensions.

Luxembourg companies that prepare their annual accounts in a foreign currency may be exposed to foreign exchange (FX) risk for tax purposes. Such risk could be mitigated by submitting a timely request to report the taxable income in this foreign currency.

Risking double taxation or losing your social security system? Never! How to avoid it: Closely monitor your employees' social security and tax thresholds.

Luxembourg resident capital companies distributing dividends to their shareholder(s) must file a withholding tax (WHT) return within eight days from the date the dividend becomes available (even if no WHT is due).

Luxembourg resident corporations and Permanent Establishments (PEs) can reduce their 2025 Net Wealth Tax (NWT) by setting up a 5-year unavailable NWT reserve in their 2025 annual accounts.

Following the Court of Justice of European Union (CJEU) decision in case C-288/22 and the subsequent judgment of the Luxembourg District Court on 22 November 2024, the Luxembourg VAT authorities (AED) issued Circular N° 781-2 on 11 December 2024.

The Banque Centrale du Luxembourg (BCL), in cooperation with the Commission de Surveillance du Secteur Financier (CSSF), are aligning statistical data collection for Investment Funds with the updated ECB Regulation (EU) 2024/1988 adopted on 27 June 2024.

2024 Co-funding applications are fast approaching! As the application deadline is 31 May 2025, we are here to assist you throughout the process.

On March 11, 2025, The Council of the European Union officially adopted the VAT in the Digital Age (ViDA) Package! From now on and progressively until January 2035, a comprehensive set of measures aimed at simplifying and modernizing VAT rules for the Digital Age will follow.

Announced as part of the Competitiveness Compass for the EU published 29 January, the European Commission has just published its proposals to simplify sustainability reporting, including the Corporate Sustainability Reporting Directive.

This publication is designed to give preparers and reviewers of IFRS financial statements a high-level awareness of recent changes to International Financial Reporting Standards. It covers both new Standards and Interpretations that have been issued and amendments made to existing ones.

Taxpayers are required to make quarterly advance payments for Corporate Income Tax (CIT), Municipal Business Tax (MBT) and Net Wealth Tax (NWT).

In a step toward streamlined sustainability reporting, the European Financial Reporting Advisory Group (EFRAG), in collaboration with Directorate-General for Environment (DG ENV) and Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA), has identified key synergies between the Eco-Management and Audit Scheme (EMAS) and the Corporate Sustainability Reporting Directive (CSRD).