Luxembourg: Revised FATCA reporting guidelines | KPMG | GLOBAL

Luxembourg: Revised FATCA reporting guidelines, CRS decree

Luxembourg: Revised FATCA reporting guidelines

The Luxembourg tax authorities published a revised version of guidelines (originally published in July 2015) concerning the file format for the purpose of FATCA reporting. The new guidelines provide rules for reporting account balances.


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Also, in March 2016, a decree was published providing the list of “excluded accounts” under the common reporting standard (CRS) regime. The decree also confirms the list of participating jurisdictions for the purpose of the implementation of the CRS in Luxembourg.

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