Luxembourg enacts legislation introducing public country-by-country reporting for multinational enterprises

09 August 2023|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, Transfer Pricing|Luxembourg

The Luxembourg Parliament recently approved the law implementing the European Union (EU) public country-by-country reporting (CbCR) Directive into domestic legislation.
The new reporting obligations will apply to financial years starting on or after 22 June 2024.
Board members are responsible for properly implementing the new rules.

On 19 July 2023, the Luxembourg Parliament adopted the law (Law) transposing the public CbCR Directive (Directive (EU) 2021/2101 of the European Parliament and of the C…

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.