Pillar 2: Understanding its exemption for dividends and profit distributions

As of 1 January 2024, the Income Inclusion Rule (IIR) of the OECD Pillar 2 proposal will impose an additional tax on the...

Publication

Global Minimum Tax Rate – its impact on the world of aviation

There has been much commentary recently about the OECD’s proposal for countries to introduce a global minimum tax rate.

Publication

Update on the VAT treatment of directors’ fees

On 21 December 2023, the Court of Justice of the European Union (CJEU) rendered a decision (case C 288/22 TP vs. Adminis...

Publication

UK - Luxembourg double tax treaty: Ratified by both Luxembourg and UK particular significance for UK real estate holding structures

The United Kingdom and Luxembourg signed an updated double tax convention and protocol (DTT) in July 2022.This has now b...