Uncategorized

Missed Tax Deadlines in Luxembourg: No Relief Through Tax Remission

Missed Deadlines Cannot Generally Be Cured Through Tax Remission Relief

Key Takeaway In a judgment dated 4 June 2026, the Luxembourg Administrative Court of Appeal confirmed that a request for tax remission relief (remise gracieuse) cannot generally be used to remedy missed statutory deadlines for challenging tax assessments. The decision serves as an important reminder that Luxembourg companies should carefully review tax assessments immediately upon […]

Missed Deadlines Cannot Generally Be Cured Through Tax Remission Relief Read More »

AML: the compliance officer, an unsuspecting intelligence agent

“Any person who, on a permanent or temporary basis, collects, analyzes, transmits or exploits information of interest to national or public security, on behalf of a State or an authorized organization.” Admit it: it sounds like the job description of a modern compliance officer. Every day, compliance teams at banks, funds, research institutes and trust

AML: the compliance officer, an unsuspecting intelligence agent Read More »

The Compliance Officer, discreet sentinel of a financial center under pressure

It’s discreet, but central. Quiet, but formidably strategic. The Luxembourg compliance officer long ago swapped his austere image of “internal controller” for that of a key player in the stability of the country, whose financial solidity depends as much on its tax system as its reputation for compliance. Behind every transaction, every client onboarding, every

The Compliance Officer, discreet sentinel of a financial center under pressure Read More »

Corruption en Europe de l'Est

Corruption in Eastern Europe: a persistent evil with deep roots

More than three decades after the fall of the Communist bloc, corruption remains a worrying reality in many Eastern European countries. Despite ongoing efforts to reform institutions, limit the power of oligarchies and enhance transparency, illicit practices persist, often reinforced by networks of interests combining political, economic and sometimes criminal powers. A succession of scandals

Corruption in Eastern Europe: a persistent evil with deep roots Read More »