Arendt & Medernach
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The Luxembourg Budget law, abolition of the witholding tax system and a new circular on benefits-in-kind, plus more.
Publication of two RTSs to determine the ‘identified staff’ and the types of instruments that can be used for paying bonuses
These two regulatory technical standards (RTSs) were published in the Official Journal of the European Union on 20 May and 6 June 2014 respectively.
Arendt and Medernach has released a short flashback intended to enable you to keep track of the main legal trends that marked 2013.
As of 1 October 2013, the index applicable to employees’ remuneration will increase from 756.27 to 775.17.
The July 2013 issue of Arendt & Medernach’s Luxembourg legal update is available now.