The Luxembourg double tax treaties network — 12 March update
12 March 2014: In its 2013 Annual Report, the Luxembourg Direct Tax Authorities reported that they have negotiated new tax treaties with Hungary, New Zealand, the UK and Uruguay. It is also reported that 659 exchanges of information upon request, spontaneous information exchanges and automatic exchanges of information have been handled by the Luxembourg Direct Tax Authorities in 2013 (11.5 per cent more than in 2012).
7 March 2014: A new tax treaty with Laos (Lao People’s Democratic Republic) is in force as of 21 March 2014 (Mémorial A 30, 7 March 2014). This treaty will be applicable as of 1 January 2015.
31 January 2014: Pierre Gramegna, Luxembourg minister of finance, signed a protocol with Jagdish Dharamchand Koonjul, ambassador of the Mauritius Republic. This protocol will include the international standard of exchange of information upon request and amend several provisions…
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Comparison between the forthcoming private wealth foundation and the philanthropic foundation in Luxembourg
This article aims at differentiating the respective characteristics of each kind of foundation and highlighting their compatibility.
On 16 July 2014, Luxembourg adopted the law concerning the compulsory deposit and immobilisation of shares and units in bearer form.