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Luxembourg publishes draft legislation on implementation of the EU Minimum Tax Directive

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Luxembourg

  • The Luxembourg government has sent to Parliament a legislative proposal (Draft Law) for transposition into domestic law of the European Union (EU) Directive of 14 December 2022 on minimum taxation.
  • The Draft Law introduces a Qualified Domestic Minimum Top-up Tax (QDMTT) and contains Transitional Safe Harbor rules.
  • The Income Inclusion Rule (IIR) and QDMTT will be applicable for fiscal years starting…

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