Luxembourg Parliament enacts changes to Pillar Two Law

19 December 2024|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, Global, BEPS 2.0|Luxembourg

On 19 December 2024, the Luxembourg Parliament approved a legislative proposal that will amend the law dated 22 December 2023 (Pillar Two Law).
While there are still some formal legal steps that need to be taken before the proposals become law, these steps are expected to occur before year-end.

Executive summary

On 19 December 2024, the Luxembourg Parliament adopted legislation amending the Pillar Two Law.¹ The new legislation aims to incorporate, with effect for financial years starting from…

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