The position paper states that, among other items, under an enhanced framework for tax rulings with regard to the application of transfer prices:
According to today’s position paper [PDF 79 KB], these legislative changes would codify into law what is currently an administrative practice of the Luxembourg tax office.
The draft law would further provide that any request for a ruling regarding corporate tax matters, filed with the tax office, would have to be submitted to a supervisory commission (commission des decisions anticipées)—a newly established body, authorized to issue a binding opinion on which the tax office’s advance ruling would be based.
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