29 April 2016 Luxembourg introduces mandatory exchange of information on cross-border rulings in accordance with EU Directive Information on cross-border rulings and advance pricing agreements issued by European Union (EU) Member States will be automatically exchanged with other EU Member States from January 1, 2017. This is in accordance with the provisions of the EU Council Directive 2015/2376 of December 8, 2015 (the Directive) amending Directive 2011/16/EU regarding the mandatory and automatic exchange of information in the field of taxation. The Luxembourg Government has now adopted and transferred to Parliament for approval a draft law transposing the Directive into Luxembourg domestic law. A Tax Alert prepared by EY's Global Tax Desk Network, and attached below, provides additional details. Document ID: 2016-0780 |
