During the G20 Leaders’ Summit in St. Petersburg, the members have signed up to begin automatically sharing tax information by the end of 2015 in an effort to actively prevent tax evasion. The decision was taken to close loopholes that allow legal tax avoidance by big organizations.

The G20 heads of states adopted a declaration that profits should be taxed where economic activities are performed and where value is created.

Over 50 countries have agreed to […]

Chevalier & Sciales has created the below treaty table to provide you with an accurate and updated view of Luxembourg double tax treaties in force or currently pending. The latest update of the table is valid as at October 31, 2013. Currently Luxembourg has 67 double tax treaties that are in force and 32 treaties that have not yet come into effect (referred to as “Not yet in force”). There are also 4 protocols pending that […]