Luxembourg Tax Authority publishes guidance on the computation of taxable income of Reverse Hybrid Entities

21 June 2023|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation|Luxembourg

The Luxembourg Tax Authority issued a Circular on how a transparent entity or an arrangement that qualifies as Reverse Hybrid Entity must compute its net income that will be subject to Luxembourg corporate income tax.
Further guidance on how to fill in the new form “205” that most Luxembourg transparent entities are required to file from tax year 2022 has also been released through a dedicated Frequently Asked Questions section on the Tax Authority’s website.

Executive summary

As of tax year 2022…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.