The Luxembourg Parliament is currently considering a draft law for the introduction of a value added tax (VAT) group regime. Some of the main aspects of the VAT group regime are as follows: VAT groups may be formed by two or more domestic Luxembourg companies (including Luxembourg branches of foreign companies) that share financial, economic, and organizational links: A financial link generally exists where a company holds a majority of the shares or voting rights in the other or where there is common ownership; An economic link generally exists where the activities of the companies are of the same nature...