On March 5, Luxembourg’s Minister of Finance, Pierre Gramegna, tabled in the Chamber of Deputies the draft law on the budget of state revenue and expenditure for the year 2019.
The budget proposes to lower the corporate income tax rates and transpose the option provided for by the EU anti-tax directive (ATAD) limiting interest deductibility at the group level for companies under tax consolidation regime.
MNE Tax expects to publish an in-depth article on his development shortly.
Be the first to comment