Double Tax Treaty

Taxation of dividends in India: the impact on Luxembourg investment funds

This article has been written together with Kadambari Chari. As market trends consistently show, investments in emerging markets are increasing in importance for the asset management industry, making it even more critical to keep up with the local changes and practices of those countries. At the same time, it incentivizes these markets to align their domestic p […]

Withholding taxes: Why many insurance companies are being taxed twice (and how to claim it back)

Reclaims of foreign withholding taxes have become an absolute must for investment funds, but the practice has proven less common among insurance companies. For years, investment funds have been successfully obtaining refunded foreign taxes on dividends and interest. While this might be due to the more visible net performance of investment funds compared to in […]
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New, ethical Luxembourg–Senegal double tax treaty means opportunity

On 10 February 2016, Luxembourg and Senegal reinforced their co-operation on an international level by signing a double tax treaty. Entering into force on 14 June 2018, and applicable from 1 January 2019, the treaty differs greatly to previous treaties between Luxembourg and African countries in that it is the first one to include specific guidance and provision […]
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Would the digital services tax do more harm than good?

On 21 March 2018, the EU Commission presented two Proposals for Council Directives specifically targeting the digital economy. One was about taxing corporations’ significant digital presences, while the other introduced a new, common, interim system of tax on revenues that arise from the provision of certain digital services by tech companies of a certain size […]
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