The Luxembourg so-called 50bis Regime reduces the effective tax rate applicable to income from registered intellectual property and copyright protected software to approximately 5.85%. Following the OECD compromise on IP tax regimes that regime will be phased out: taxpayers eligible on 30 June 2016 will continue to benefit from this measure until 30 June 2021. There is thus still a window of opportunity to bring IP to Luxembourg and to benefit from the regime for another 5 years, especially if the migration takes place before 1 January 2016.