The Luxembourg double tax treaties network — 31 January update
Situated at the crossroads of Europe, the Grand Duchy of Luxembourg is based on a dynamic and open economy that actively promotes the development of cross-border trade and investments. Its major role in matters of international trade in the sectors of banking and finance, investment funds and holding companies has consequently led to a strong network of double tax treaties that have been developed over the years.
To that end, Luxembourg has entered into 68 comprehensive double tax treaties based on the OECD model tax convention on income and capital in order to mitigate the risks of double taxation for businesses.
The Grand Duchy treaty partners are among the most industrialised countries with inter alia all of the states in the European Union but Cyprus, the US, Japan, Brazil, China, Mexico, Hong Kong, Russia and Canada. Luxembourg tax treaties, like most bilateral agreements, are designed and balanced to address a specific economic context…
If you are registered and logged in to the site, click on the link below to read the rest of the Wildgen briefing. If not, please register or sign in with your details below.
News from Wildgen
Briefings from Wildgen
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.