Luxembourg | 2023 tax and legal forecast

2023 will bring some changes in the direct tax and legal landscape of Luxembourg and the European Union (EU).

The Luxembourg Budget Law 2023 clarifies the application of the Reverse Hybrid Entity Rule.

Several EU Directives are currently going through the Luxembourg transposition process, e.g., the Mobility Directive and DAC7. In addition, the EU Directive on ensuring a global minimum level of taxation for multinational groups in the Union (Pillar Two Directive) and Public Country-by-Country Repor…