Luxembourg tax administration publishes FAQs on Pillar Two clarifying disclosure requirements for deferred taxes

05 April 2024|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, BEPS 2.0|Luxembourg

On 25 March 2024, the Luxembourg tax administration published frequently asked questions (FAQs) clarifying certain questions around disclosures in the financial statements required to benefit from certain transition rules for Pillar Two purposes.

Executive summary

On 25 March 2024, the Luxembourg tax administration published FAQs clarifying certain questions relating to the required disclosure for certain deferred tax assets (DTAs) and deferred tax liabilities (DTLs).

In December 2023, Luxemb…

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