Blog Post

DAC 6 implementation in Luxembourg: What's important?

23 March 2020

What penalties are foreseen? Any intermediary may be subject to a maximum penalty of EUR 250,000 in case of no, late, incomplete or inaccurate reporting to the Luxembourg tax authorities. ...

Blog Post

DAC 6 implementation in Luxembourg: What's important?

23 March 2020

When has the reporting to be made? 1.1 General rule for intermediaries The report to the Luxembourg tax authorities should be made within 30 days from the earliest of the following dates...

Blog Post

DAC 6 implementation in Luxembourg: What's important?

23 March 2020

Blog Post

DAC 6 implementation in Luxembourg: What's important?

23 March 2020

To whom needs to be reported? Generally, the competent authority for the purposes of DAC 6 will be the Luxembourg direct tax authorities (Administration des contributions directes), except...

Blog Post

DAC 6 implementation in Luxembourg: What's important?

23 March 2020

What kind of arrangements need to be reported? Only certain types of potential harmful arrangements need to be reported. Indeed, three conditions must cumulatively be complied with to fall...

Blog Post

DAC 6 implementation in Luxembourg: What's Important?

23 March 2020

On 21 March 2020, the Luxembourg Parliament (Chambre des Députés) approved the bill n°7465 (the "DAC 6 Bill"), implementing the EU Directive 2018/822 of 25 May 2018 also...