OrbitaxBill on abolition of 1929 holding companies regime submitted to parliament
|Proposed Changes|Luxembourg
A bill on the abolition of the 1929 holding companies regime was submitted to the Luxembourg parliament on 25 October 2006. Details of the Bill are summarized below.
Background
The Bill implements the decision of the European Commission of 19 July 2006 in which it was held that the 1929 holding companies regime, even after its modification in 2005, constit…
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