International Tax Planning

Articles - Stibbe Luxembourg's tax lawyers Johan Léonard and Roberto de Castro Mendonça authored the Luxembourg chapter of the multi-jurisdictional book titled "Taxation of Crypto Assets".

Short Reads - In this Tax Alert we will summarize three recent tax developments that are relevant for international business with presence in the Netherlands.

Short Reads - In the context of the coronavirus the Belgian tax authorities have issued aid measures concerning taxation with the aim of supporting enterprises and natural persons facing financial difficulties. In this short read, we provide you with an overview of these measures.

Articles - On 21 March 2020, the Luxembourg Parliament voted to approve the law implementing the Council Directive (EU) 2018/822 (commonly known as DAC 6, the “Directive”) which introduces disclosure obligations for intermediaries and taxpayers of certain reportable cross-border arrangements (the “Law”).

Articles - On 6 October 2020, the European Union list of non-cooperative jurisdictions (the “EU List") was updated. The changes have an impact on bill of law nº 7547, providing that, as from 1 January 2021, interest or royalties, accrued or paid, should no longer be deductible for tax purposes when the beneficiary is a related enterprise established in a country included in the EU List.

Short Reads - On Friday 10 July 2020, a member of the Dutch opposition party Groenlinks has submitted an initiative legislative proposal for a Conditional Final Dividend Withholding Tax Levy Emergency Act (the 'Proposal') to Dutch parliament. The Proposal provides for a conditional final Dutch dividend withholding tax ('DWT') levy due in the event of certain cross-border reorganizations.

Short Reads - The Luxembourg Government proposes to introduce the non-deductibility of interest and royalties expenses of a Luxembourg taxpayer towards collective entities located in a blacklisted jurisdiction. This provision would be added through the amendment of article 168 of the Luxembourg Income Tax Law (LITL) through a bill of law that was introduced by the Government on 30 March.

Short Reads - The impact of the coronavirus is strongly felt in tax matters. The Ruling Commission has set up an accelerated procedure for the ruling requests concerning the lump sum expense allowances with regard to telework.