Luxembourg's Minister of Finance submitted Bill No. 6891 to parliament on 13 October 2015, which includes tax measure for 2016, and presented the budget for 2016 the following day. The main proposals are summarized as follows.

IP Regime Abolished

Because the current IP regime is not in line with the modified nexus approach of Action 5 of the OECD BEPS Project, it will be abolished effective …