12/08/2021

Entry into force of the amendment protocols of three DTAs

Protocol of 14 July 2020 amending the agreement of 10 July 2015 between Switzerland and tthe Principality of Liechtenstein for the avoidance of double taxation with respect to taxes on income and capital: entry into force on 1 December 2021.

12/06/2021

New CSSF taxonomy fast track procedure

All Luxembourg based AIFs managed by an AIFM not authorised or registered by the CSSF, should apply the requirements imposed by the AIFM’s competent authority.

12/06/2021

UK asset holding company regime

A new elective tax regime for companies which hold investment assets as part of fund structures is being introduced in the UK from 1 April 2022.

12/01/2021

Germany Raids Big-Four Firm Over Swiss Tax

German officials raided the offices of PwC in Frankfurt over allegations of a Swiss tax scheme that may include current partners of the big-four consulting firm.

11/23/2021

E-News from KPMG's EU Tax Centre

Spain has two months to respond to the arguments raised by the European Commission, after which the Commission may decide to send a reasoned opinion.

11/19/2021

EU formally adopts public CbC reporting

Subsidiaries or branches below the revenue threshold also will be required to publish their tax information if they are deemed to exist only to help the group avoid the new reporting requirements.