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Luxembourg to Adopt Amendments to Parent-Subsidiary Directive and other Tax Changes

|Proposed Changes|Luxembourg
Luxembourg

The Luxembourg Council of Ministers has adopted a bill to implement into domestic law the amendments made to the EU Parent-Subsidiary Directive. Those amendments include that the participation exemption provided for in the Directive will not be granted if:

  • A profit distribution made by a subsidiary to its parent company is deductible in the Member State of the subsidiary; or
  • An arrangement or …

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