Luxembourg

tax-reform-BLOG

New R&D incentives to be included in the 2017 tax reform package, says Gramegna

Ever since the abolition of the Luxembourg IP regime, businesses and international investors have been eagerly awaiting news about what the future would hold for Research and Development (R&D) activities. The government will be phasing out the old regime as from July this year, as the existing rules run counter to the new international framework endorsed by both the EU and OECD, known as the “nexus” approach. The repeal of the current IP regime left the business community wondering what the Government might propose as an alternative solution. So when Luxembourg Finance Minister Pierre Gramegna revealed his plans for a new-look regime last week, we leant in and read closely.

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Real tax reforms in 2017

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Luxembourg needs a drastic reduction in corporate tax rates to remain competitive, says Georges Bock, managing partner of KPMG Luxembourg. Doing so, he says, will not negatively impact households.

Blue House Against Blue Sky

Concerns raised after European Economic and Social Committee report potential fall in corporate tax rate

Abstract

The European Economic and Social Committee (Conseil economique et social), which Luxembourg’s government appointed to compile statistical data on taxes in Luxembourg, presented its report on 30 November 2015.

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Tax reform measures to be announced end of April at the latest, says Prime Minister Bettel

Abstract

Prime Minister Xavier Bettel declared on January 13, 2016 that tax system reforms concerning individuals and corporations will be announced at the latest during his speech on the State of the Nation on 26 April 2016.

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3 M&A deals that fell short of their potential (part 3)

In this third instalment of our series on lessons learned from high-profile M&A deals that missed their mark, we turn to the 1998 deal between Daimler and Chrysler. The aim of the merger was to create a

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FONDS Professionell Fonds KONGRESS 2016 – Quo vadis Fondsindustrie?

Wenn sich am 27. und 28. Januar das who-is-who der Fondsindustrie zum alljährlichen Fondskongress in Mannheim trifft, wird diese Frage sicherlich ein zentrales Thema für Fondsmanager, Verwaltungsgesellschaften, Vertrieb – und nicht zuletzt auch für den Anleger sein. Bei über 200 Fachvorträgen werden alte und neue Produkte und Anlagestrategien diskutiert, sicherlich wird aber auch ein Ausblick auf das Jahr 2016 im Fokus der Kongressteilnehmer stehen.

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IASB releases new accounting standard

The new accounting Standard IFRS 16 Leases was issued on 13 January 2016 by the International Accounting Standards Board. It replaces IAS 17 Leases, and will take effect from 1 January 2019. Early application is permitted for companies that

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Corporate treasurers at a crossroads: time to fly or flatline

Traditionally, corporate treasurers have stuck to purely treasury-related activities: that is, managing and forecasting liquidity, financing, risk management, and relationships with banks. What we’re seeing nowadays, however, is

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Die Datenrevolution und die Rolle von “Big Data” im Investment Management

Ein guter Vorsatz für 2016

“Big Data bezeichnet Daten-Mengen, die zu groß, oder zu komplex sind, oder sich zu schnell ändern, um sie mit händischen und klassischen Methoden der Datenverarbeitung auszuwerten.” (Quelle: Wikipedia).

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3 M&A deals that fell short of their potential (part 2)

Recently, we gathered our Deal Advisory team together to talk about recent M&A deals that faced major difficulties after the transactions were completed. Part one went into the 2014 Microsoft and Nokia deal, where strategic planning needed a key role. Now we’ll turn to an acquisition where a more aggressive due diligence process might have churned up some deal-killing secrets—but didn’t.