Luxembourg: Country-by-country reporting, notification procedure

Country-by-country reporting, Luxembourg

The law on non-public country-by-country (CbC) reporting transposing the EU Directive 2016/881 of 25 May 2016 into Luxembourg domestic law was published on 27 December 2016 in the official gazette.

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Following publication, the Luxembourg tax authorities issued guidance summarizing the main provisions of the new law, and clarifying the notification procedure in an "frequently asked questions" (FAQ) section. The guidance includes details on the procedure relating to the online reporting tool for notification, which is now available, as well as a section “procedure for country-by-country report” still to be completed.

 

Read a December 2016 report prepared by the KPMG member firm in Luxembourg

 

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