EYLuxembourg publishes draft legislation extending MDR reporting deadlines for six months
|Tax Alerts, Information Reporting, Legis ...|Luxembourg, European Union
Executive summary
The Luxembourg Ministry of Finance has transmitted to Parliament a draft law (Draft Law) introducing a six-month deferral to the Mandatory Disclosure Rules (MDR) Law (Law of 25 March 2020). The Draft Law is in line with previous announcements by the Ministry of Finance and follows the adoption on 24 June 2020 by the Council of the European Union (EU) of amendments to the EU Directive 2011/16 allowing Member States an option to defer for up to six months the time l…