On 20 December 2023, the Luxembourg Parliament approved the legislative proposal (Draft Law) for transposition into domestic law of Council Directive 2022/25231 of 14 December 2022 on minimum taxation (Minimum Tax Directive).The next step in the legislative process is the waiver of the second parliamentary vote by the State Council and the publication in the Official Gazette. These steps are expected to occur before year-end. Executive summaryOn 20 December 2020, the Luxembourg Parliament voted and adopted the Draft Law2 as recently amended3 by the Luxembourg government.The Draft Law aims at implementing the Pillar Two Global Minimum Tax rules as laid...