Lithuania gets EC warning for failing to implement minimum corporate tax
The European Commission has sent an official warning to Lithuania for its delay in transferring the so-called Pillar Two...
Source: lrt.lt
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Alternative investment industries and tax
Ricardo Lopez Rubio of KPMG Abogados provides an insight into the alternative investment industry and considers the impact of prospective tax changes
Source: internationaltaxreview.com
Pillar Two Implementation in Luxembourg | Goodwin
On 4 August 2023, Luxembourg published a bill of law (the “Bill”) to transpose the EU directive no. 2022/2523 largely known as the “EU Minimum Tax Directive” or “Pillar Two Directive”,...
Source: jdsupra.com
Taxation: New proposals to simplify tax rules and reduce compliance costs for cross-border businesses
The European Commission has adopted a key package of initiatives to reduce tax compliance costs for large, cross-border businesses in the European Union. The proposal, called “Business in Europe: Framework for Income Taxation” (BEFIT), will make life easier for both businesses and tax authorities by introducing a new, single set of rules to determine the […]
Source: eureporter.co
Luxembourg Investment Fund Managers Should Prepare for Pillar Two
Andreas Medler of ATOZ Tax Advisers explains why Luxembourg investment fund managers should act now to anticipate the upcoming changes of the OECD Pillar Two rules and adapt their procedures in readiness.
Source: bloomberglaw.com