The US Treasury Department announced that the US and Luxembourg, during negotiations for a new protocol to their 2000 tax treaty, have agreed to provisions to address tax avoidance through triangular and exempt permanent establishments consistent with the US model tax treaty issued by the US Treasury Department in February 2016. The Luxembourg government also introduced Bill Number 7006 into Parliament to implement the change in Luxembourg. Assuming the law is passed and the protocol enters into force, the changes will take effect for amounts paid or credited three days after publication of the law in the Official Gazette of...