Tax changes for 2018 disclosed in the new budget bill

Arendt & Medernach S.A. Published 13.10.2017
The main tax-related provisions of the Bill of Law N° 7200 (“Bill”) as laid out below in more detail include inter alia:

  • Changes to the capital gains tax treatment of business restructurings;
  • Improvements to the investment tax credit system;
  • Extension of the VAT exemption under Article 44, 1, d) of the Luxembourg VAT law to the management of collective internal funds held by a life-insurance undertaking;​
  • Introduction of 3 assessment options for resident spouses/partners;
  • Extension of the inheritance tax exemption to spouses/partners without common descendants; and
  • Amendment to the procedure of exchange of information upon request in tax matters further to the Court of Justice of the European Union (“CJEU”) Berlioz case law (C-682/15).

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