On 27 December 2016, the Luxembourg 2017 tax reform and budget laws were published in the Official Gazette. In addition to the tax reform measures introduced in Law 7020 ({News-2016-12-20/A/6- previous coverage}), certain other tax measures are introduced in Law 7050 along with the actual budget provisions.

The main measure is the addition of Article 56bis to the Luxembourg Income Tax Law, …