BCC TAX & LEGAL NEWSLETTER 2023 #1
Dear Friend of the Chamber,
The objectives of the British Chamber of Commerce for Luxembourg are to follow and influence developments in the economic and business world in Luxembourg affecting members’ interests, and so contribute to making Luxembourg an attractive place to do business. The Tax and Legal groups of the BCC address key issues in their sectors to corporate and individual members through a number of events and seek to raise awareness and influence decision makers as to the issues of concern to the BCC membership.
The purpose of the BCC Tax and Legal Newsletters is to provide additional regular bimonthly updates on key Tax and Legal developments in Luxembourg that may be relevant to your business. The present newsletters issued by member firms of the Tax and Legal groups cover the period from November – December 2022. If you deem that another person within your organisation should receive this email, please let us know. If you wish to unsubscribe please contact the BCC Secretariat by email to email@example.com.
Allen & Overy:
Bonn & Schmitt:
BSP | Bonn Steichen & Partners:
DSM Avocats à la Cour:
Loyens & Loeff Luxembourg S.à r.l.:
Pinsent Masons Luxembourg:
Simmons & Simmons Luxembourg LLP:
Luxembourg Draft Budget Law 2023:
Please note: External links are selected when the BCC newsletter is sent. However, the BCC is not responsible for the content of external websites. The inclusion of a link to an external website by the BCC should not be understood to be an endorsement of that website or the site’s owners, products or services.
Special Offer for New Members! Any new member joining the British Chamber now will have the remainder of 2023 free and will only be invoiced for 2024 Annual Membership. See here or for further information please call +352 465 466 or email firstname.lastname@example.org.
As you may know, the current tax treaty between the United Kingdom and Luxembourg was signed in London in May 1967 (before the UK joined the EEC) and was amended several times over the years. A new UK-Luxembourg tax treaty was concluded in June 2022 (after the UK left the EU) and will enter into force in 2024. The main reasons for an overhaul of the existing tax treaty include the UK’s withdrawal of the European Union (Brexit) and the evolution of tax standards put forward by the OECD and the BEPS project in recent years.
The British Chamber of Commerce are the media partner for the STEP Benelux Conference 2024 - "Family wealth: Navigating global change and new paradigms" where leading speakers from the Benelux countries will discuss the new challenges facing wealth management and estate planning. This will take place from 14-15 March at DoubleTree by Hilton Amsterdam Central Station. Register before 23 January 2024 to benefit from the Early Bird Discount!