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CJEU Holds Luxembourg Restrictions on Combining Vertical and Horizontal Consolidation Violates Freedom of Establishment

|Approved Changes|Luxembourg-European Union
Luxembourg-European Union

On 14 May 2020, the Court of Justice of the European Union (CJEU) issued its decision in the case C 749/18, which concerns Luxembourg's fiscal unity regime in relation to tax consolidation of the subsidiaries of a parent company resident in another EU Member State. The case involved three Luxembourg companies held (indirectly) by a French parent; Companies B, C, and D. In 2008, Company B const…

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