Asset Managers · Investing

Funds to escape Luxembourg tax avoidance rule ‘overkill’

Frank Kuijk, Loyens & Loeff
Luxembourg’s government is proposing to simplify the corporate income tax process for investment funds which have overseas investors or subsidiaries by reducing their risk of being subjected to full Luxembourg anti-tax avoidance corporation tax. The changes to the “reverse hybrid rule” seek to remove doubt from how to deal with tax exempt entities.
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