Luxembourg Exchange Rates for 2020 in Relation to the Tax Treatment of Accounts Kept in Foreign Currency
The Luxembourg Administration of Direct Tax has published Circular L.G. - A n° 60bis/6 of 19 January 2021, which provides the EUR reference exchange rates for over 30 foreign currencies for 2020. The exchange rates are provided by the European Central Bank and include the year-end and average exchange rates for the year, including conversion to and from EUR. The reference rates are used in rel…
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