OrbitaxLuxembourg Provides Guidance on Non-deductible Interest and Royalty Payments to Non-Cooperative Jurisdictions
|Approved Changes|Luxembourg
The Luxembourg Administration of Direct Taxes has issued Circular L.I.R. no. 168/2 of 31 May 2022, which updates and replaces Circular L.G. - A no. 64 of 7 May 2018 on defensive measures in relation to non-cooperative jurisdictions. Circular L.G. - A no. 64 provided guidance on the requirement for taxpayers to declare transactions with related parties in non-cooperative jurisdictions as part …
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