Latest Newsletters & Newsflashes
Dec 06, 2023Social Elections 2024: are you ready?
It's been 5 years since the last social elections! You now have just under one month to prepare for the next elections. On March 12, 2024, all Luxembourg companies, regardless of the nature of their activities, employing at least 15 employees over a 12-month period will have to organize social
Nov 27, 2023Newsflash | The minimum net wealth tax rules for holding companies ruled unconstitutional
On 10 November 2023, the Constitutional Court (case n°00185) held that some of the Luxembourg minimum net wealth tax rules are in breach of the principle of equality before the law of the Luxembourg Constitution. It results those taxpayers subject to the EUR 4,815 minimum net wealth tax (i.e
Oct 18, 2023BSP Newsletter | October 2023
If you would like to know more about the topics covered in this newsletter or our services please contact us at marketing@bsp.lu. FLIP THROUGH THE FLIPBOOK:
Oct 16, 2023Previously published in Tax
Advocate General Opinion in Amazon State aid case Luxembourg Lower Administrative Court rules on constitutionality of local property tax Bellegen Akt | increase in reduction of registration and transcription duties for the acquisition of the principal residence Decision of the Higher Administrative
Oct 16, 2023Previously published in Investment Management
UCIs and virtual assets | CSSF FAQ SFDR data collection for Luxembourg investment funds | update ESMA updated Q&A on the application of the AIFMD Revitalizing EU capital markets: new rules for retail investors Navigating the path to ESG transparency: joint consultation paper on review of SFDR
Oct 16, 2023Previously published in Employment, Compensations & Benefits
New Directive on transparency and equal pay for men and women Adoption of the Law introducing into the labour code a right to disconnect
Oct 16, 2023Previously published in Corporate and M&A
Enterprises' duty of care with regard to sustainability
Oct 16, 2023Previously published in General Commercial
General Court of the EU reaffirms primary substantive right of access to documents
Oct 16, 2023Previously published in Banking & Financial Services | Capital Markets
Sustainable finance | CSSF supervisory priorities Markets in crypto-assets (MICA) | EU framework DLT | Most recent developments Crowdfunding Regulation | New ESMA Q&A MiFID II and MiFIR | ESMA guidelines and FAQ
Oct 16, 2023Digitalisation of corporate procedures
The law of 14 July 2023 , transposing Directive (EU) 2019/1151 20 June 2019 amending Directive (EU) 2017/1132 (the " Directive") as regards the use of digital tools and processes in company law (the " Law") was published in the Luxembourg Official Gazette ( Journal Officiel) on 18 July 2023 and
Oct 16, 2023Luxembourg starts transposition of the Pillar Two Directive
On 4 August 2023, the Luxembourg government introduced to the parliament the Draft Law (the “ Pillar Two Draft Law” or the “ Draft Law”) to transpose Council Directive (EU) 2022/2523 of 14 December 2022 on ensuring a global minimum level of taxation for multinational enterprise groups and large
Oct 16, 2023Amendments to the Luxembourg - Germany double tax treaty signed on 6 July 2023
On 20 September 2023, the Luxembourg government submitted to the Luxembourg Parliament ( Chambre des Députés) draft law No. 8311, aiming to ratify the amending protocol to the double tax treaty between Luxembourg and Germany (the “ DTT”), as agreed and signed on 6 July 2023 in Berlin (the “ Draft