Law implementing recovery procedure with regard to the Belgian excess profit provision adopted

tax ruling

12 January 2015

Luxembourg adopts new transfer pricing rules and tax ruling processes

On December 19, the Luxembourg Parliament , 2014, enacted new tax measures for corporations and individuals, including amendments to Luxembourg’s transfer pricing legislation and documentation requirements. Multinationals should consider the measures, which are effective as of 1 January 2015, as they affect their existing and future Luxembourg operations. Guidance regarding certain practical aspects of some measures