Luxembourg has published the Law of 10 February 2021, which provides for the implementation of a defensive measure in relation to the EU list of non-cooperative jurisdictions. As previously reported, the measure will apply from 1 March 2021 and provides that interest and royalty payments made to related entities established in non-cooperative jurisdictions will not be deductible, considering the latest published version of the EU list as on that date. From 2022 and future years, the non-deductibility will be based on the applicable EU list as of 1 January of each year. Where a jurisdiction is removed from the list,...