Luxembourg government announces overhaul of IP tax regime and confirms grandfathering of the existing scheme until June 2021
Luxembourg Minister of Finance announces that Luxembourg will amend its IP Income Tax Regime so as to align it with the “nexus” approach agreed upon within the OECD as from 1 July 2016. Undertakings that benefit from the current tax regime before that date will continue to do so until 30 June 2021.
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