Executive summary

As from tax year 2022, Luxembourg’s Reverse Hybrid Entity Rule introduced by law of 20 December 2019 implementing Council Directive (EU) 2017/952 of 29 May 2017 amending Directive (EU) 2016/1164 (ATAD) regarding hybrid mismatches with third countries (ATAD II) will apply.

Companies with a non-calendar financial year may already be subject to this rule with respect to their financia…