UPDATE : European Union postpones deadline for “DAC 6”

Commission proposes postponement of taxation rules due to Coronavirus crisis On 14 May 2020, we already informed about a proposal by the European Commission to postpone the original deadline for DAC 6 notification due to the restrictions during the COVID-19 pandemic. The Luxembourg Ministry of Finance endorsed this proposal in a publication of 4 June …

UPDATE : European Union postpones deadline for “DAC 6” Read More »

Luxembourg Parliament passes DAC 6 law

News radar: On 21 March 2020, the Luxembourg Parliament discussed and voted in favor of the bill implementing the DAC 6 Regulation in national law which was last amended by bill no 749510. The amended and now implemented bill (bill no 74959) extends the exemptions from the reporting obligations to expert-comptables, auditors, and lawyers and also …

Luxembourg Parliament passes DAC 6 law Read More »

Commercial Court submits regulations regarding Register of Beneficial Owners to ECJ for interpretation

AIQUNITED is providing information on a decision of the Luxemburg Commercial Court to submit questions in relation to Art. 15, Section 1 of the RBO Law to the European Court of Justice (“ECJ”). Art. 15 of the RBO Law restricts access to the Register of Beneficial Owners (the “RBO”) to public authorities, notaries and financial …

Commercial Court submits regulations regarding Register of Beneficial Owners to ECJ for interpretation Read More »

RR and RC at the Crossroads Between Company Law and AIFMD

On 25 November 2019, the CSSF published its FAQs titled Persons involved in AML/CFT for a Luxembourg Investment Fund or Investment Fund Manager supervised by the CSSF for AML/CFT purposes (hereinafter referred to as the “FAQs”). The FAQs remind the management and supervisory bodies of Luxembourg investment funds , AIFMs, and UCITS management companies regulated …

RR and RC at the Crossroads Between Company Law and AIFMD Read More »

ATAD II – Planned Implementation in Germany Leads to Confusion and Significant Consequences for the Fund Industry

ATAD II – Planned Implementation in Germany Leads to Confusion and Significant Consequences for the Fund Industry On 10 December 2019, the German Federal Ministry of Finance (“BMF”) adopted a draft law on the implementation of the Anti-Tax Avoidance Directive of 12 July 2016 (“ATAD I”) and its successor of May 29 2017 (“ATAD II”)[1] …

ATAD II – Planned Implementation in Germany Leads to Confusion and Significant Consequences for the Fund Industry Read More »

Amending Directive 2018/822/EU (“DAC 6”) in Luxembourg

Scope and Regulatory Facts In its fifth Directive 2018/822/EU (generally referred to as “DAC 6”) amending Directive 2011/16/EU on disclosure requirements for cross-border tax arrangements of 25 May 2018, the Council of the European Union requires the Member States to implement statutory reporting obligations for cross-border (tax) arrangements by 31 December 2019. The implementation of DAC 6 in the …

Amending Directive 2018/822/EU (“DAC 6”) in Luxembourg Read More »

Anti-Tax Avoidance Directive II – Luxembourg Implements ATAD II Directive

Executive Summary With the law of 20 December 2019[1], Luxembourg has implemented the EU Directive ATAD II into national law with effect from 1 January 2020 by Articles 168ter and 168quater of L.I.R.[2] The directive as well as the law are intended to address so-called “hybrid mismatches” between associated enterprises and, in general, to take stronger action against tax-saving …

Anti-Tax Avoidance Directive II – Luxembourg Implements ATAD II Directive Read More »

Diese Seite verwendet Cookies, um die Nutzerfreundlichkeit zu verbessern. Mit der weiteren Verwendung stimmen Sie dem zu. This site uses cookies to improve the user experience. By continuing, you agree.

Scroll to Top