Luxembourg to appeal European Commission’s decision in Fiat case

  • By A&S
  • December 5, 2015
  • News

On December 4, 2015, the Luxembourg government announced that it will appeal the European Commission’s decision in the Fiat Finance and Trade case, to obtain legal clarity and predictability on the practice of tax rulings. It its press release, Luxembourg observes that the vast majority of EU Member States…

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Luxembourg announces 2016 budget, abolishes the current 80 % patent reduction

  • By A&S
  • October 18, 2015
  • News

On October 14, 2015, Luxembourg announced its budget for 2016 which contains several measures directly linked with the publication of final reports for the OECD BEPS project on October 5, 2015. The Budget Bill No. 6900 abolishes the current 80% patent income deduction which provides that 80 % of…

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