EYEY

Luxembourg publishes draft legislation approving protocol amending tax treaty with Germany, improving taxation of funds

|Tax Alerts, Legislation & Policy, Na ...|Germany, Luxembourg
Germany, Luxembourg

  • The Luxembourg Minister of Foreign and European Affairs recently submitted to the Parliament a draft ratification law (Draft Law) approving a protocol that amends the existing double tax treaty (DTT) with Germany.
  • The most relevant amendments include:
    • Undertakings for Collective Investment that meet the definition are now considered resident and are entitled to treaty withholding tax rates.
    • Simplific…

Continue Reading