World Tax - Home
The comprehensive guide to the world's leading tax firms

Luxembourg

Market overview Printer-friendly version

Tax authorities

Administration des Contributions Directes
45, boulevard Roosevelt, Luxembourg
L-2982 Luxembourg
Tel: +352 40 800-1
Fax: +352 40 800-2022
Website: www.impotsdirects.public.lu

Tax rates at a glance

(As of September 2012)

Corporate income tax 21%
Capital gains 0%
Branch tax 21%
Withholding tax
  Dividends 15%
  Interest 0%
  Royalties 0%
  Branch remittance tax
Net operating losses (Years)
  Carryback
  Carryforwards indefinitely

Luxembourg

Santiago Fernandez
KPMG
Luxembourg

Santiago Fernandez of KPMG looks at this year's tax amendments in Luxembourg

[Show full article]

Tax

Transfer pricing is the topic on the lips of practitioners in Luxembourg this year, as a perceived boom in this type of work is met by adjustments in the market from both firms and the authorities."TP work has been strong. Luxembourg had been slow to ... [more]

Allen & Overy has a good practice across the board in Luxembourg and possesses a strong tax team, too. It is led by Jean Schaffner, and has three partners and 12 fee earners after losing Mathilde Ostertag to Stibbe in September 2011 and Aude Tusamba ... [more]

Ernst & Young has a large tax presence in Luxembourg, with a team of 25 partners and 220 other fee earners led by national director Marc Schmitz, head of financial tax Dietmar Klos and international tax head Frank Muntendam. Like others in the market, ... [more]

KPMG is led by Georges Bock in Luxembourg, who oversees a team that saw 32 new professionals join the firm and only 13 leave this year. Philippe Neefs, the head of KPMG's transfer pricing practice, is recommended, as is Bock, who is the recipient of ... [more]

Loyens & Loeff is a top-drawer law firm with a good reputation in the Benelux region. Its tax team in Luxembourg is big for a law firm, with six partners, including Jean-Pierre Winandy, the recommended head of the TP group, overseeing 40 other professionals. ... [more]

ATOZ – Taxand is part of the Taxand network, and has a team in Luxembourg numbering 74, with 10 partners. Founding and managing partner Keith O'Donnell leads the practice, which specialises in high-end advisory work. Its clients include LaSalle Investment ... [more]

Bonn Steichen & Partners is a new firm that came about from the dissolution of longstanding law firm Bonn Schmitt Steichen. That firm ceased operations on January 1 2012, with the partners choosing to go their separate ways. The highly respected tax ... [more]

Deloitte is an active presence in the Luxembourg market, and one of those tipped as the closest to pushing through to the top tier. The team, featuring 22 partners and 350 other professionals, is led jointly by Raymond Krawczykowksi and Georges Deitz, ... [more]

Baker & McKenzie is a growing force within Luxembourg. The team now has two partners: the department head Andre Pesch and Christophe Clement, who joined in 2011 from Clifford Chance. A new tax director joined in the last year.The undoubted work highlight ... [more]

Bonn & Schmitt is one of the two firms formed by the dissolution of the longstanding Bonn Schmitt Steichen law firm. This side of the firm now has a small tax team of one partner, Lionel Noguera, and four associates, covering all areas of tax. There ... [more]

Linklaters is a respected law firm within Luxembourg, though some acknowledge that the tax practice there has experienced some problems in recent times. "It's a bit of an uphill struggle at Linklaters at the moment," commented one peer, and another offers ... [more]

Stibbe opened its Luxembourg office in 2010, but it has already established itself in the market. The tax team, which focuses on transfer pricing and corporate work, consists of two partners and three fee earners, led by Ayzo van Eysinga. Private-equity ... [more]

See also

Luxembourg
Western Europe

Firm contact details