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Luxembourg Addressing ATAD Interest Deduction Infringement

|Proposed Changes|Luxembourg
Luxembourg

The Luxembourg parliament is considering a draft bill 7974 submitted on 9 March 2022 to address the infringement of certain aspects of the interest deduction limitation rules under the EU Anti-Tax Avoidance Directive (ATAD). In particular, the draft bill addresses a reasoned opinion sent by the European Commission on the grounds of incorrect transposition of ATAD in relation to a derogation of…

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